LINK has caught my attention lately 👀
on the 4H frame, the price is moving within a clear range after a previous upward wave, and with the momentum declining, we notice that selling is gradually weakening.
📊 What I'm currently observing:
The current support area has held up multiple times
Any stability above it could give a new upward attempt
A clear break of support changes the entire scenario
🔹 Positive Scenario:
If resistance is breached and holds, I expect a retest of the last peak as the first target.
🔹 Negative Scenario:
If rejected, we may see a deeper corrective drop before any new upward movement.
The picture shows the support and resistance areas I rely on 👇
Risk management is essential; the market does not offer opportunities easily.
LINK
9.58
-4.48%