📊 Trade Setup: $LINK – Reversal Play After Liquidity Sweep
LINK swept liquidity near 11.7 and is now forming a rounded recovery with bullish MACD momentum. Price is still below major MA100, so this is a controlled long, not a breakout chase.
🔼 Long Entry: 12.30 – 12.45 USDT (on pullback to EMA20)
🎯 Take-Profit Targets:
TP1: 12.95 USDT – Range resistance
TP2: 13.40 – 13.60 USDT – MA100 + upper BB
🛑 Stop-Loss: ❌ 11.95 USDT (Below higher low structure)
Risk:Reward ~ 1:2+
⚠️ Risk Factors
Failure to break MA100 may cause range continuation
Volume expansion needed for TP2
#LINK #Chainlink #cryptotrading #TechnicalAnalysis #BinanceSquare
