$LINK /USDC update ๐
We had a clean breakout earlier that shot up to $13.88 โ but that wick didnโt last. It looks like a classic liquidity grab. Right after that, heavy sell-off kicked in and dragged it back down to $13.30. Now itโs just hanging there, trying to find support.
MACD turning bearish, volume backing the sellers. If $13.19 breaks, Iโm eyeing $13.05 next. But if it holds, we could get a bounce back to around $13.40+.
Not jumping in just yet โ waiting to see if this settles or if thereโs another flush. Market feels shaky, and Iโd rather catch the move with confirmation than get caught in the chop.
Letโs see how it plays out.