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💫✨️💥 $LINK fakeout or reclaim? 👀
Price broke below wedge support and is now sitting tight around 7.30. That sharp drop looks like a liquidity grab and the base-building after it is worth watching. ⚡
Trigger is a clean reclaim above 7.35. That flips the breakdown into a fakeout and opens the path toward 7.50, with 7.60 as the extended run.
Invalidation sits at 7.25. Lose that and 7.10 comes into play fast. 📉
Bears grabbed liquidity below the wedge — now buyers need to defend the floor and push back in. Momentum is compressed on M30, so the next move should be sharp. 🔥
7.35 is the line. Either side of it tells the story.
$LINK