LINK USDT – Support Retest in Bullish Structure
Long $LINKUSDT Perp
Leverage: 10x
Entry: 9.10 – 9.25
SL: 8.950 (Below EMA99 on 4H and recent structural low)
TP1: 9.370 (Retest of local high)
TP2: 9.435 (Macro peak resistance)
TP3: 9.650 (Targeting major supply zone)
The technical analysis for LINKUSDT shows a constructive bullish recovery currently undergoing a healthy retracement. On the 4-hour timeframe, the price is maintaining its position above the EMA7 and EMA25, with the broader trend firmly supported by the EMA99 at 8.95. On the 1-hour chart, the RSI(6) has cooled down to 33.5, indicating that the asset is locally oversold and prime for a bounce off dynamic support. The order book depth reflects a balanced sentiment with a slight bearish tilt (51.18% Ask), which typically provides the necessary liquidity for a short-squeeze once support is confirmed. The presence of a significant buy limit at 9.100 suggests institutional or large-scale interest protecting the downside. Given the distance to the structural floor, a 10x leverage is mathematically sound to manage risk while positioning for the next leg up. Entering the position here and letting the setup play out. See you at the Take Profit! 🤝
#DYOR !!!
Trade $LINK USDT here 👇
