$LINK
LINK: Bounce Setup After the Sharp Drop 📈
Price is trading around 10.70 after a sharp fall from the 11.40 area. It is now sitting near the low (10.58), where a lot of buy volume has built up
In my view, a bounce from here is possible. There is a lot of liquidity sitting above, and price can get pulled toward it.
Targets: 11.40 first, then 11.65, and the bigger target is 12.0 - 12.1.
The drop was fast, so I would not go in heavy. Wait for a small green candle to confirm the bounce first
Personal view, not financial advice. DYOR.
#Crypto #Liquidity #BinanceSquare
LINK: Bounce Setup After the Sharp Drop 📈
Price is trading around 10.70 after a sharp fall from the 11.40 area. It is now sitting near the low (10.58), where a lot of buy volume has built up
In my view, a bounce from here is possible. There is a lot of liquidity sitting above, and price can get pulled toward it.
Targets: 11.40 first, then 11.65, and the bigger target is 12.0 - 12.1.
The drop was fast, so I would not go in heavy. Wait for a small green candle to confirm the bounce first
Personal view, not financial advice. DYOR.
#Crypto #Liquidity #BinanceSquare
