*🔗 $LINK Update* $LINK failed to hold above $12.55 after multiple rejections. Market sentiment remains neutral 🪴 Be ready for the next support test. 🟢 Support: $11.35 – $12.05 🔴 Resistance: $12.38 – $12.88
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"Tell me, will a 1-hour trade setup form at its center? If yes, then let me know whether it should be a short or long."
📊 Current Chart Snapshot: Price: 112,720 High/Low: 112,765.5 / 112,720 Change: −0.04% Volume: 14 (low) Bid/Ask Spread: 112,765.4 / 112,765.5 🧠 Setup Analysis: Given the narrow candle range and low volume, this looks like a liquidity sweep or trap zone forming near the top of a micro-range. If this is your "center" zone, then: Short Bias: If price just wicked above a previous high and failed to hold, this could be a liquidity grab, suggesting a short setup. Long Bias: If this is a retest of a breakout zone and volume starts increasing, it could flip into a long. But right now, with: Tight range Low volume Slight bearish close It leans short, especially if your center zone aligns with a previous high or imbalance.