$LINK Right now it’s around 8.770 USDT. Do you think we should keep grinding upward from here, or is it about time to pull back a bit?$LINK ‌

$LINK If I give the conclusion first, I’d lean more towards: pull back first, then look for direction.
This is how I mainly see it:
First, this leg up looks more like an emotion-driven surge, and the follow-through hasn’t caught up yet.
Second, the price is already close to the resistance zone, and the upside potential and risk-reward ratio aren’t that great.
To add, TP1 is at 0.8R, TP2 is at 1R, and the remaining position follows the 5m EMA20 to protect profits.
The entry level I’ll be watching: 8.840 USDT
First, look at this target level: 8.314 USDT
Where you should exit if it goes wrong: 9.051 USDT
What I’m afraid of is a sharp drop followed by a fake rebound—watch more, act less, and don’t chase the last move.