$LINK
/USDT (1H)
P1: $LINK is still trading under bearish pressure after the drop from the 11.1 area to the 9.0 low. Price is moving below the supertrend, which means the broader short-term trend is still bearish. However, sellers are losing momentum and the market is no longer dumping aggressively.
P2: The 9.0–9.2 zone acted as a strong demand area and price has bounced from there. As long as $LINK holds above 9.20, a short-term recovery toward overhead resistance is possible. A clean reclaim of 9.90 would be the first real strength signal.
Entry: 9.20 – 9.50
TP1: 9.95
TP2: 10.60
Invalidation: 1H close below 9.00
This is a recovery trade — take profits gradually and don’t overstay if momentum stalls.
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