🚨 $LINK : Bottom Bounce - Strong Long Setup for Recovery Wave! 🚀

Plan trade: Long 🟢

Entry Zone: 13.4 - 13.8

Take Profit:

🎯 TP1: 14.2

🎯 TP2: 14.5

🎯 TP3: 14.8

Stop Loss: 12.9

🔥 Technical Analysis:

On the H4 chart, $LINK has corrected to the key support zone at 13.4, converging with short-term EMAs. RSI has moved up from oversold territory, indicating returning buying momentum. Selling volume has significantly decreased, suggesting bearish exhaustion. The current price structure supports a bounce towards the 14.2 - 14.5 resistance area.

⚠️ Stop Loss Rationale:

The 12.9 level is placed below the recent key Swing Low. Breaking this level would invalidate the recovery scenario and could lead to lower lows.

LINKUSDT

Perp

13.97

+2.47%