#LINK $LINK

LINK
LINKUSDT
12.73
+3.20%

LINKUSDT.P 1H

Context: Range Under HTF Supply | Distribution Phase

1️⃣ Higher-Timeframe Structure

  • Overall structure remains bearish / corrective after a clear downside displacement.

  • A CHOCH to the downside confirmed loss of bullish control.

  • Current price action is sideways within a range, not a trend reversal.

➡️ This is consolidation after distribution, not accumulation.

2️⃣ Key Supply & Demand Zones (1H)

🔴 Major Supply Zones

  • 12.90 – 13.10

    • Strong High

    • Prior rejection zone

  • 13.50 – 13.80

    • Higher-timeframe supply

    • Unmitigated

Price is currently trading below both supply zones, showing limited upside acceptance.

🟢 Key Demand Zone

  • 12.10 – 12.30

    • Origin of bullish reaction

    • Liquidity pool below equal lows

  • A break below this zone likely opens continuation to 11.70 – 11.90

3️⃣ Internal Structure & Liquidity

  • Price swept equal lows (EQL) near demand and bounced.

  • Upside attempts fail near PDH + internal supply.

  • Multiple minor BOS / CHOCH flips → choppy, algorithmic range behavior.

➡️ Smart money is likely selling highs and defending lows, not trending.

4️⃣ Volume & Open Interest

  • Volume spikes occurred on impulsive candles but:

    • No sustained follow-through

  • Open Interest is flat to slightly rising

    • Suggests positioning, not breakout participation

  • No evidence of aggressive long accumulation yet.

5️⃣ Trading Scenarios (Actionable)

✅ Primary Bias — Fade the Highs

  • Sell bias while price is below 12.90

  • Ideal short zones:

    • 12.70 – 12.90

  • Targets:

    • TP1: 12.30

    • TP2: 12.10

    • TP3: 11.80

  • Invalidation:

    • Strong 1H close above 13.10 with volume expansion

⚠️ Bullish Reversal (Lower Probability)

  • Only valid if:

    • Clean BOS above 13.10

    • Acceptance and hold above PDH

  • Upside targets:

    • 13.50 – 13.80

🧠 Summary

  • LINK is ranging below higher-timeframe supply

  • Structure favors distribution, not accumulation

  • Best trades come from shorting reactions into supply

  • Avoid chasing mid-range price

#trading #TradingSignals #analysis

✍️ Written by @CryptoTradeSmart

Crypto Insights | Trading Perspectives

⚠️ DISCLAIMER:

NOT financial advice. Perpetuals trading is high risk - you can lose your entire capital. This is my personal setup for educational purposes only. Always DYOR, use strict risk management, and never risk more than you can afford to lose. You are solely responsible for your decisions.

Trade safe! 🎯