LINK: short-term play
#LINK🔥🔥
#FutureTarding
Key Points:
* Price breaks strongly through the 10.05 → 10.10 zone with significant volume increase.
* MA7 > MA25 > MA99 on both 15m and 1h charts → solid bullish structure.
* However:
* Price has already surged about +6% from the bottom of 9.76.
* Open Interest is gradually decreasing while price is rising → lack of cash flow confirming a strong breakout.
* Top traders are Long dominant at ~65-70% → likely to have a short Long squeeze.
=>> This looks like:
* Spot: active breakout.
* Futures: a bit late to FOMO Long.
Current reasonable play:
* Don’t chase Short at 10.36 since momentum is still strong.
* Don’t Long market right now because the RR is poor.
Better strategy:
1. If you want to Long
Wait for:
* Retest of 10.18 – 10.24 holds.
* Volume decreases on the pullback.
* Then a candlestick bounces back.
Play:
* Entry: 10.20 ±
* SL: below 10.05
* TP:
* 10.50
* 10.68
* if strong, 10.9
2. If you want to Short
Only short when:
* Strong wick around 10.40–10.50
* BTC weakens
* OI increases sharply but price doesn’t continue up
Play:
* Entry: 10.42–10.48
* SL: 10.62
* TP:
* 10.20
* 10.05
Current probabilities:
* Sideways then continue up: ~55%
* Fake breakout leading to a deep drop: ~25%
* Skyrocket straight without a pullback: ~20%
=>> Not a great point to all-in Long or Short. Patience to wait for a retest will be much safer.$LINK
#LINK🔥🔥
#FutureTarding
Key Points:
* Price breaks strongly through the 10.05 → 10.10 zone with significant volume increase.
* MA7 > MA25 > MA99 on both 15m and 1h charts → solid bullish structure.
* However:
* Price has already surged about +6% from the bottom of 9.76.
* Open Interest is gradually decreasing while price is rising → lack of cash flow confirming a strong breakout.
* Top traders are Long dominant at ~65-70% → likely to have a short Long squeeze.
=>> This looks like:
* Spot: active breakout.
* Futures: a bit late to FOMO Long.
Current reasonable play:
* Don’t chase Short at 10.36 since momentum is still strong.
* Don’t Long market right now because the RR is poor.
Better strategy:
1. If you want to Long
Wait for:
* Retest of 10.18 – 10.24 holds.
* Volume decreases on the pullback.
* Then a candlestick bounces back.
Play:
* Entry: 10.20 ±
* SL: below 10.05
* TP:
* 10.50
* 10.68
* if strong, 10.9
2. If you want to Short
Only short when:
* Strong wick around 10.40–10.50
* BTC weakens
* OI increases sharply but price doesn’t continue up
Play:
* Entry: 10.42–10.48
* SL: 10.62
* TP:
* 10.20
* 10.05
Current probabilities:
* Sideways then continue up: ~55%
* Fake breakout leading to a deep drop: ~25%
* Skyrocket straight without a pullback: ~20%
=>> Not a great point to all-in Long or Short. Patience to wait for a retest will be much safer.$LINK