🔥 $LINK
Scalp Alert: Oversold Bounce Loading!
The "panic zone" is here, and smart money is watching the charts. $LINK has just wicked hard into the lower Bollinger Band, defending the critical $12.90 support level. With a textbook bullish divergence forming on the RSI, we are looking at a classic "capitulation bounce."
⚡ Why this setup is screaming "LONG":
Technical Oversold: StochRSI is curling up from the extreme 28 → 33 zone.
Network Strength: Chainlink CCIP volume is surging, and institutional RWA adoption (Real World Assets) continues to grow regardless of price action.
Volume Spike: A massive 16M LINK volume spike indicates buyers are absorbing the sell-off.
📈 Scalp Trade Setup:
Entry Zone: $13.10 – $13.15
Target 1: $13.45 (+3%) 🎯
Target 2: $13.80 (+6%) 🎯
Stop Loss: $12.85 (Below recent wick low)
Suggested Leverage: 10x – 25x (Manage your margin wisely!)
The Bottom Line: This is a high-probability scalp for a quick 5–7% "rip" as the market resets from oversold conditions. Don't chase the green candles—enter the zone. 🚀
By: Nabiha Noor
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