Currently looking at $LINK , the price is around 8.941 USDT. Today has already gained +2.05%.


$LINK ‌I'm not focusing on the rise or fall, but whether this position is worth taking.
In the short term, I still lean towards bearish.

Right now, I mainly consider these points:
First, the price has approached the resistance zone, and the upside potential and risk-reward ratio are average.
Second, high-level divergence is starting to widen, making it easier for a short-term shakeout.
Additionally, the order book shows some signs of stagnation, so chasing aggressively isn't worthwhile.

I prefer to view it this way:
Top-level sweep high, waterfall short / rebound诱多 (诱多 means "trap for long positions") followed by a second waterfall short / break support chase short.
More comfortable entry point: 9.022 USDT
Estimated target price: 8.485 USDT
Stop-loss reference: 9.236 USDT
Signals indicating a wrong judgment: 5-minute rebound encountering resistance / 15-minute rebound reaching the peak high point.
Risk-reward ratio reference: 2.50R

Understand before acting; it's more important than rushing in blindly.
LINK2.32%
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