LINK is at a make-or-break zone — and most traders are positioned wrong.
Price is still trading below EMA 50/100/200, RSI is weak (~39), and momentum remains bearish. Everyone keeps calling this “cheap accumulation”… but the chart says distribution, not accumulation.
Here’s the uncomfortable question:
👉 What if this isn’t a dip — but a slow bleed before the real move?
If LINK fails to reclaim 13.40, the market is likely setting up for another liquidity sweep. A clean breakdown opens the door to panic selling, especially from late longs.
📉 Bear Case (Higher Probability Short)
Sell Entry: 12.90 – 13.20 (rejection zone)
Stop Loss: 13.75
TP1: 11.60
TP2: 10.90 (major support / liquidity pool)
This is where weak hands usually capitulate.
📈 Bull Trap or Real Reversal?
Bulls only regain control if and only if price reclaims and holds above EMA 50.
Buy Entry: Daily close above 13.40
Stop Loss: 12.70
TP1: 14.50
TP2: 15.70 (EMA 200 test)
Until then, every bounce is just another short opportunity.
So what’s your take?
🧠 Accumulation phase… or distribution before a deeper flush?
Drop your bias below 👇
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#LINK