⚙️ Oracle Trading Map – LINK/USDT
📊 Currency Overview
Current price: $24.46
Change over 24 hours: +1.35%
Volume: Average – High (Whale flows appearing)
🕯️ Candle Movement and Trend Analysis (4-hour timeframe)
🔸 Summary of the latest trend:
LINK is in a stable upward trend after a strong rebound from the demand zone at $22. The price is forming higher highs and lows, with clear accumulation before testing resistance at $25 – $26.
🔸 Candle Behavior and Meaning:
🟢 Long lower wicks → Whales absorbing sell orders near support at $24.
🔴 Upper wicks near $25 → Beginning of profit-taking pressure.
⚖️ Small body candles → Indecision state and signal for breakout pattern formation.
🚀 Bullish engulfing candles near support → Buyers are in strong control.
📉 Repeated sell rejection near $26 → Confirms heavy resistance.
🎯 Trading Plan
Entry Zone: $24.0 – $24.6
Stop loss: $23.4
Take Profit Targets:
1️⃣ $25.8
2️⃣ $27.5
3️⃣ $29.0
Risk-to-reward ratio: ~1:3.2
🔍 Key Observations
Whale activity: Large withdrawals from Binance wallets to cold wallets → Signal of accumulation.
Support zone: Strong at $24 and has been defended several times.
Resistance zone: $25.8 – $27.5 represents the key wall for breakout.
Overall sentiment: Positive – Neutral with continuous buying pressure.
Note: If $23.4 is broken, the scenario is invalidated with a possibility of price returning to test $22.