$LINK ‌ price is holding above a short-term demand zone after a sharp drop, and the structure is tightening — this is usually where the next move starts forming.

Market read
I’m seeing $LINK reject strongly from the 11.60 area and sell off into the 10.50 zone, where liquidity was swept and buyers stepped in immediately. That long wick tells me sellers tried to push lower but failed to gain control. Price is now hovering around 10.65–10.75 with small, overlapping candles. Volatility is cooling and the structure is compressing, which usually signals an expansion move. As long as this base holds, I’m leaning toward recovery rather than continuation lower.
Entry point
I’m looking to enter between 10.60 – 10.75
This area aligns with intraday demand and post-liquidity sweep stabilization. I want price to stay above this range and hold structure.
Target point
TP1: 11.05 – first resistance and local range high
TP2: 11.45 – breakdown origin and momentum continuation
TP3: 11.90 – bullish continuation if buyers fully step in
Stop loss
10.35
If price closes below this level, the demand fails and I’m out.
How it’s possible
I’m expecting buyers to defend the 10.60–10.75 zone because sell-side liquidity has already been taken below 10.50 and there’s no strong follow-through from sellers. If buyers hold control, price can reclaim 11.05 quickly, opening the path toward higher targets. A clean hold above that level would confirm momentum shift and allow continuation toward the upper range. Risk-to-reward stays clean as long as demand is respected.
I’m ready for action here and I’m sticking to the plan.
Let’s go and Trade now $LINK