🔔 $LINK /USDT — Long Setup (Scalp-Based) 15m chart
4.30am PKT
Entry Zone:
🔹 $12.42–$12.47 (fill in this range)
Current price action shows consolidation just above the 24h low ($12.30), with a micro higher low forming. Ideal zone for catching a scalp bounce.
⸻
🎯 Take Profits
TP1 – $12.59
📌 First bounce target, EMA(7) resistance zone. Close 60% here.
TP2 – $12.72
📌 EMA(25) / breakdown level from earlier — strong resistance. Close remaining 40% here.
⸻
🛡 Stop Loss
Tight SL – $12.34
🔻 For aggressive risk management — below most recent wick.
Loose SL – $12.28
🔻 Below daily low. Use this only if wider stop is acceptable based on position size.
⸻
🔄 SL Adjustment Plan
• After TP1 hit ($12.59):
🔒 Move SL to breakeven ($12.45)
• If price crosses $12.65:
🔒 Trail SL to $12.55 to lock in gains.
⸻
🚪 Exit Early If…
• Price hits $12.62–$12.70 and stalls
• Multiple rejections with declining volume
• $BTC breaks below $102,345 (key low)
In that case, exit manually — don’t wait for TP2.
⸻
🕓 Timing Context
Current session is low-volume Asian pre-market. Expect sluggish price action and weak follow-through. Treat this setup as a quick bounce play, not a full recovery.
#SwingTradingStrategy #PowellRemarks #link #CryptoStocks #Write2Earn