LINK is on the cusp of a major breakout, with price action hovering just below the crucial 9.45 level, where a liquidity sweep above could ignite a furious rally. The high-time frame (HTF) is undoubtedly bullish, with the Relative Strength Index (RSI) sitting at 63, indicating a robust trend with plenty of room to run.
Currently, we're witnessing a beautiful Order Block (OB) and Fair Value Gap (FVG) sandwich zone, a structure that typically precedes a significant move. Volume is 4.3 times higher than average, further corroborating the notion that smart money is accumulating positions. The SMC Score, a proprietary metric, is at 5.8/10, suggesting a moderate level of conviction among institutional players.
Here are the key trade levels:
- Entry: 9.4080
- Take Profit 1: 9.5749 (RR 2.9x)
- Take Profit 2: 9.8251 (RR 7.2x)
- Stop Loss: 9.3503
I've taken a long position at 9.408, with a tight stop loss in place. LINKUSDT is poised for a substantial move, and I'm expecting a sweep of the liquidity above 9.45 to catapult price towards 9.5749. Stay alert, and let's ride this wave together!
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