$LINK – Consolidating at mid-range, potential for local recovery

Trading Plan: LONG – $LINK (max x20)

Entry: 9.200 – 9.295

SL: 9.050

TP: 9.450

TP: 9.550

TP: 9.700

The price is currently moving within a tightening range after a sharp rejection from its recent local highs. It has successfully established a higher floor near the lower boundary of the price envelope, showing that buyers are stepping in to prevent a deeper slide. The current structure suggests the market is in a consolidation phase, building the necessary pressure for a breakout attempt.

Trade $LINK here 👇

LINK
LINKUSDT
9.476
+1.43%