sell
Bearish Short on LINKUSDT with Key Targets and Entry Zone
The analysis suggests a short position on LINKUSDT starting at $13.009 with a stop loss at $13.361. The current 30-minute timeframe shows the price testing a supply zone and a retest of the descending trendline after a breakout. Entry is made based on the 30-minute order block where seller activity was previously observed.
There are recurring pattern formations indicating structural changes and breakouts in a bearish direction, confirming the dominance of sellers. The formation of a weak high increases the likelihood of liquidity grab and subsequent decline.
Additional confirmation comes from a "grab-gold" in the entry zone and high volume, which suggests manipulation and a potential pullback.
Target levels are set as follows:
- TP1 at 12.676, representing the "grab-gold" zone and a local demand area
- TP2 at 11.999, aligning with the interest and reactive demand level
- TP3 at 11.501, a key order block zone indicating the end of the impulse
This strategy leans heavily on bearish signals, favoring a short trade with defined targets to capitalize on a downward move.
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AI Analysis
Market ContextThe current technical environment for LINKUSDT points to a bearish outlook. The price's interaction with key supply zones and the retest of descending trendlines after a breakout suggest...
AI Recommendation
Given the analysis, executing the short with an entry at $13.009 is advisable, provided the price respects the order block and volume confirmation. The stop loss at $13.361 offers a reasonable risk-to...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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weak buy