After a strong bearish impulse from the 12–13 region, LINK formed a sharp sell-off into 7.8–8.3 demand, sweeping liquidity before rebounding.
Price is now consolidating above this key demand zone, printing higher lows and compressing beneath resistance.
Key zones visible:
Major Supply: 10.2 – 10.8
Range Resistance: 9.2 – 9.5
Key Demand: 7.8 – 8.3
🧠 What I’m Watching
We are currently seeing:
Demand holding multiple retests
Reduced bearish momentum
Range compression (energy building)
If bulls reclaim short-term resistance, we could see a rotation toward higher supply.
Projected path:
→ Minor pullback into 8.4–8.5
→ Break above 9.0–9.2
→ Expansion toward 9.8
→ Main target 10.2–10.8
📊 Bullish Scenario (Primary Bias)
✅ Hold above 8.0
✅ 4H close above 9.2
🎯 Target 9.8
🎯 Target 10.2 – 10.8
⚠️ Bearish Invalidation
❌ Clean 4H close below 7.8
→ Opens downside toward 7.2 liquidity
→ Demand failure
🏗 Market Logic
Major sell-side liquidity already taken.
Strong reaction from 7.8–8.3 zone.
Consolidation above demand often leads to upside expansion.
Liquidity rests above range highs.
Best RR entries come near demand — not mid-range.
📌 Key Levels
Demand: 7.8 – 8.3
Resistance: 9.2
Major Supply: 10.2 – 10.8
Current Price: ~8.72
If demand continues to hold, LINK could rotate toward 10+.
If broken, bearish continuation resumes.
