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$LINK Momentum Cooling After Rally… Bulls Watching The $9.60 Support
Healthy Retracement While Trend Structure Holds
Trade Setup (Long)
Entry: 9.70 – 9.85
Stop Loss: 9.45
Take Profit: 10.20 – 10.85
LINK recently surged toward the 10.87 resistance area after a strong bullish expansion move. Price is now pulling back toward key support zones as traders lock in profits following the rally.
Despite the short-term weakness, the overall structure still shows signs of strength with buyers attempting to defend the 9.60 region. A strong reclaim above the 10.00 psychological level could bring momentum back quickly and open the path for another push toward recent highs. Focus on confirmation and volume before entry.
#WCTCTradingKingPK #CMEToLaunchNasdaqCryptoIndexFutures