$LINK - SHORT momentum in focus (x25)
The 15m RSI and price action lean bearish, and price sits below both the 30m EMA34 and EMA89 - that's the most immediate read. The 1H trend points down too, though with no positioning data this stays a watch idea: 12.27 is the level to watch for a short, not an entry yet.
Entry: 12.27 - 12.29
SL: 12.42 (-1.1%)
TP: 12.14 - 12.03 - 11.92 (+1.2-3.0%)
⚠️ Personal market insight, not investment advice. DYOR.
The 15m RSI and price action lean bearish, and price sits below both the 30m EMA34 and EMA89 - that's the most immediate read. The 1H trend points down too, though with no positioning data this stays a watch idea: 12.27 is the level to watch for a short, not an entry yet.
Entry: 12.27 - 12.29
SL: 12.42 (-1.1%)
TP: 12.14 - 12.03 - 11.92 (+1.2-3.0%)
⚠️ Personal market insight, not investment advice. DYOR.