Chainlink (LINK): Everyone Is Bearish — That’s Exactly Why This Zone Matters
When most traders agree that LINK is “broken,” the market often prepares a surprise. Price is not just falling randomly — it is respecting liquidity, structure, and discount pricing. The real debate now is simple: is this continuation, or the early stage of accumulation?
On the daily timeframe, LINK remains in a bearish structure, confirmed by multiple BOS and CHoCH to the downside. However, price is currently trading deep inside the Discount Zone, where long-term buyers typically start positioning rather than selling. The formation of Equal Lows (EQL) around the $12 area suggests liquidity has already been targeted, reducing downside efficiency.
Momentum is clearly weakening. While structure has not fully flipped bullish yet, the market is showing signs of selling exhaustion, increasing the probability of a corrective or mean-reversion move.
Trade Idea (Risk-Managed Scenario)
This is a technical setup, not financial advice.
Buy Zone: $10.00
Stop Loss: $7.00 (below strong low – full invalidation)
TP1: $16.00 (imbalance & internal resistance)
TP2: $20.00 (equilibrium / fair value)
TP3: $22.80 – $24.30 (major supply & premium zone)
If price loses $7.00 decisively, the bullish recovery thesis is invalidated and the market may enter a deeper redistribution phase.
Conclusion: Smart money doesn’t buy excitement — it buys fear at discount. LINK is now in a zone where patience and risk control matter more than prediction.
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