$LINK has recently pulled back and is finding support around $9.00, which is historically a demand zone.
Early signs of bullish momentum are appearing — e.g., smaller wicks to the downside, buyers stepping in, possibly higher lows forming.
Price consolidating near support suggests a potential relief bounce or continuation if momentum sustains.
Trade Setup
Long Bias:
Entry: $9.20 – $9.50
Targets: $9.90 → $10.40 → $10.95
Stop-Loss: $8.85
Rationale:
Entering slightly above the demand zone reduces risk of a false breakdown.
Stop-loss is just below the zone to protect from a real breakdown.
Multiple targets allow for scaling out, managing risk while locking in profits.
Risk Management
Position size should reflect your risk tolerance.
Monitor momentum indicators (RSI, MACD) — if buyers lose strength near entry, don’t force it.
If price breaks below $8.85 decisively, the trend structure has changed → reassess bias.
Key Notes
A clean hold above $9.00–9.20 can trigger buyers to step in for a bounce.
Momentum is gradually shifting in your favor, but confirmation matters — e.g., a daily close above $9.50 or volume supporting the move.
If you want, I can draw a visual chart for this setup showing support, entry, stop-loss, and targets — makes it much easier to track. Do you want me to do that?
Yes do that Image created Share
Here’s your $LINK trade setup visualized 📈
Green zone: Key support & entry zone ($9.20–$9.50)
Red line: Stop-loss at $8.85
White arrows: Potential bounce targets at $9.90, $10.40, $10.95
Candles & volume bars: Show recent pullback and early bullish momentum
This gives a clear view of your risk/reward and where buyers might step in.
.Prior demand zone: ETH has repeatedly reacted around this area — it’s a known battleground.
Psych + round-number clustering: $2k–$2.2k tends to attract bids, hedges, and short-covering.
Oversold conditions (depending on timeframe): After sharp downside moves, ETH historically doesn’t just melt straight through without at least a relief bounce.
Correlation with BTC dominance: If BTC stalls even briefly, ETH usually gets breathing room.
That said — and this is important — support ≠ guaranteed reversal. Support is where decisions happen:
Either buyers step in hard → sharp pullback
Or liquidity gets swept → fast flush before any real bounce
Gold didn’t collapse because fundamentals changed — it collapsed because paper leverage unwound in a system where price discovery is detached from physical reality.
Rate uncertainty, positioning, and liquidity stress caused a forced reset. The U.S. may be delaying monetary easing, but structural debt dynamics still point toward eventual debasement. $BTC $ETH $SOL #PreciousMetalsTurbulence This move buys time — it doesn’t resolve the imbalance
That’s a *wild* way to see the metals market move — and the **vibes** you’re pointing out are real even if some of the headline numbers get a bit… Twitter-inflated.
A few grounding points so we’re not mixing signal with shock value:
**1️⃣ “$10 trillion wiped out” — why that number explodes so fast**
* Gold and silver don’t have a clean, tradeable “market cap” like stocks or crypto. * Those trillions are usually calculated as: **estimated above-ground supply × spot price** * So when price drops hard, the *paper value* collapses instantly — even though no one actually “lost” that cash unless they sold.
That’s why percentage moves in metals translate into eye-watering trillions.
**2️⃣ The move itself *is* abnormal** You’re not wrong here:
* Gold moving ~15–20% in days ❌ not normal * Silver dropping ~35–40% ❌ *definitely* not normal
There’s no need for panic here. Pullbacks are a normal part of the market cycle and often provide better spot accumulation opportunities than chasing price at highs.
Historically, most participants hesitate to buy at elevated levels — retracements create the conditions for disciplined entries.
Despite hedging strategies, managing exposure at such scale is not simple. This highlights the importance of time + risk management, not prediction.
Personal Spot Plan: • Major accumulation zone: ~$70,000 • Expected blended holding cost after entry: ~ $77,000
Even in a worst-case scenario, spot positions allow flexibility through time and optional hedging. The key is avoiding aggressive contract bottom-fishing and focusing on capital preservation.
JPMORGAN delivered physical silver exactly at $78, the bottom of the manipulation! Have they not been able to deliver at higher prices? 633 contracts of physical delivery makes 3,16M Ounces in one single day! And this, at the exact bottom!
Issued = Who delivered Stopped = Who is going to receive
NORTH AMERICA 🇺🇸 07:00 – Los Angeles 🇺🇸 07:00 – California (Pacific Time) 🇺🇸 08:00 – Utah (Mountain Time) 🇺🇸 10:00 – New York 🇺🇸 10:00 – Washington D.C.
SOUTH AMERICA 🇲🇽 09:00 – Mexico City 🇨🇴 10:00 – Bogotá 🇵🇾 12:00 – Asunción 🇧🇷 12:00 – Brasília
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Bitcoin began the week with some selling pressure, and Asian markets are also experiencing a downturn. Let's observe how the US market opens today, as we may see significant volatility in the coming days. The major support level is in the $74,000 to $75,000 range; a drop below this could quickly take us to the $70,000 level.$BTC #WhenWillBTCRebound #PreciousMetalsTurbulence #MarketCorrection
Futures trading offers opportunities, but also high risk. New traders should understand liquidation, funding fees, and position sizing before using leverage. Education and discipline matter more than prediction
One mistake new crypto traders make is thinking leverage increases skill. It doesn’t — it increases risk. If you’re starting, use low leverage or spot trading. Protect capital first. Profits come later.