$LINK – Relief Bounce Loading After Bloodbath 🔥
LINK just got slammed in an aggressive selloff, but now the chart is whispering something different…
A short-term reversal structure is forming, and sellers are losing control. This looks like a classic panic dump → smart money scoop → bounce play.
📈 Trade Decision: LONG $LINK
Entry Zone: 7.90 – 8.10
Stop Loss: 7.45
Targets:
🎯 TP1: 8.60
🎯 TP2: 9.20
🎯 TP3: 9.80
Market Read:
Price is reacting from a key demand pocket after heavy liquidation. Volume is stabilizing and structure is attempting to flip. If buyers reclaim momentum above local resistance, this can turn from a dead-cat bounce into a full recovery leg.
Pro Trader Tips 💡
• Scale in near the entry zone, don’t chase green candles.
• Secure partial profits at TP1 — let runners eat risk-free.
• If price holds above 8.60 with strength, trail stop to breakeven.
• Failure to hold 7.90 = setup invalid, no emotions, just execution.
⚔️ This is a relief bounce play, not blind moon hunting.
Let the chart prove itself and ride it like a pro.
LINK isn’t dead… it’s just shaking out weak hands.