$LINK is pulling back into a high-probability demand zone after rejecting from 9.05. Price is now trading around 8.88 USDT, where buyers are starting to defend support and downside momentum is fading.
Trade Setup
Entry: 8.86 – 8.90 USDT
Target 1: 9.00 USDT
Target 2: 9.10 USDT
Target 3: 9.25 USDT
Stop Loss: 8.78 USDT
Risk/Reward: 1:2.5
Bullish Trigger
A strong reclaim above 8.95 could ignite fresh momentum and send LINK back toward the 9.05–9.10 resistance zone. A breakout there may accelerate the move toward 9.25.
Bearish Risk
If 8.86 fails to hold, sellers could drag price toward 8.75–8.70. Tight risk management remains essential.
Market View
The correction looks controlled, not broken. LINK is testing a critical support area where smart money often looks for rebounds. As long as bulls defend 8.86, the path toward 9.00+ stays alive.
Watch the reaction closely. Buyer confirmation at support could trigger the next explosive move.
#FedGovernorBowmanInflationProgressStalled
