🐋 LINK/USDT – Whale Brewing Activity (Updated)
Current Price: $23.19
Timeframe: 4H
🕯 Candlestick Behavior – Whale Footprints
The latest candles show:
Massive Volume Spike at $24.20 rejection → Whales may have taken partial profit, but buy pressure remains high.
Long Lower Wick at $23.11 → Indicates aggressive absorption of selling, suggesting this is a whale defense line.
Sharp Rally from $21 to $24 followed by mild retracement → This pattern often precedes a second leg breakout if support holds.
Volume Concentration Above $22.80 → Whales are keeping price elevated rather than letting it drop back to $22.20, a bullish sign.
📊 Technical Context
Whale Buy Zone: $22.80 – $23.10
Immediate Resistance: $24.20 (needs strong volume break)
Short-Term Support: $23.00 (whale defense)
Trend: Bullish continuation possible if $23.00 holds.
🎯 Trade Plan
Entry: $23.00 – $23.20 (near whale support)
Stop Loss: $22.70 (below recent wick zone)
Targets:
T1: $24.20 (test of previous high)
T2: $25.00 (psychological resistance)
T3: $26.30 (extended rally target)
Risk/Reward: ~1:3
🔑 Key Observation
Whales are clearly defending the $23 zone after the breakout, meaning they likely expect another push higher. If $24.20 breaks with heavy volume, LINK could accelerate toward $26+.
