$LINK
Entry: 8.900 – 8.980
TP1: 9.150
TP2: 9.300
TP3: 9.400
SL: 8.780
$LINK is experiencing a sharp pullback on the 1h chart, currently trading at 8.978 after a rejection from the 9.414 high. The price action shows a heavy wave of selling pressure that recently tested a local low of 8.906, where we are now seeing a small attempt at stabilization. I'm feeling cautiously neutral; the immediate trend is clearly bearish, but we are entering a support zone that could offer a relief bounce if the bulls can hold the line here. Don't let the red candles cloud your strategy—market resets like this are often necessary to clear out late longs before a potential reversal. I'm watching for a decrease in selling volume or a solid bullish pin bar near 8.90 to confirm an entry. Keep your stops tight to protect your capital, look for a reclaim of 9.10 to signal a shift in momentum, and stay disciplined as the market works through this volatility!
#LINK #Chainlink #CryptoTrading #BinanceSquare #MarketAnalysis $LINK
