analysis 📊 Chainlink LINK-->>USDT – 4h Technical Analysis🚀

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⚠️ This is a technical analysis conducted on the 4-hour timeframe. Lower timeframes (1h, 15m, 5m) are available exclusively to premium account holders – unlock advanced insights and scalping setups by upgrading today!

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🔍 What can be seen on the chart:

1. Current Market Price

• LINK is trading at $11.85, down approximately 2.87% in the recent candle.

• Strong selling pressure visible, with multiple candles closing at or near session lows.

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2. Trend Overview

• Mid-term trend: Clearly bearish – forming lower highs and lower lows.

• Short-term trend: Also bearish, with recent rejection near the $14.00–$15.00 region.

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3. Key Support & Resistance Zones

• 🔴 Immediate Resistance Zones:

  • $13.50 – $14.00: Heavy clustering of historical rejection (sell walls).

  • $15.50 – $16.00: Strong mid-term resistance confirmed by multiple rejections.

  • $18.50 – $19.00: Key level to flip to consider any bull recovery.

• 🔵 Strong Support Zones:

  • $11.50 – $11.70: Current support area under pressure.

  • $10.50 – $11.00: Final support zone before a potential drop to single digits.

  • Below $10.00: Danger zone – psychological panic selling could occur.

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4. Volume Profile (Right Side Histogram)

• High volume node around $13.50, which confirms it as a strong resistance.

• Low volume between $11.00–$12.00, suggesting that if $11.50 breaks, quick downside move is possible.

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5. Indicators & Tools Used

• S/R Channels, Visible Range, Fibonacci Zones, Moving Averages, and Volume Nodes.

• No current moving average crossover, suggesting no short-term bullish reversal yet.

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6. Patterns / Formations

• No clear bullish reversal pattern like double bottom or inverse head-and-shoulders is forming yet.

• Rather, it seems like descending channel / bearish flag continuation.

• Small consolidation could be seen as a bear flag, which may break further down.

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7. Sentiment & Bias

• Sentiment: Bearish to neutral with downside pressure.

• Bears are in control unless bulls reclaim $13.50+ and flip to support.

• Watch out for fakeouts near support – typical in weak hands shakeout.

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🧠 Trade Idea (Personal Setup)

This is not investment advice. Always DYOR (Do Your Own Research).

✅ If I were to play this market:

• Entry (Short Setup): $12.20–$12.50 (retest zone)

• Stop-Loss: $13.10 (above recent structure)

• Take-Profit 1: $11.00

• Take-Profit 2: $10.30

• Take-Profit 3: $9.60 (in case of strong drop)

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🟩 Alternative Long Setup (High Risk):

Only if bullish divergence or reversal pattern forms near $11.00–$11.50.

• Entry: $11.10–$11.30

• Stop-Loss: $10.75

• Take-Profit 1: $12.50

• Take-Profit 2: $13.80

• Take-Profit 3: $15.20 (long shot)

❗ Only go long if price holds $11.00 with strong volume and wicks indicating buyer interest.

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📈 Summary & Suggestion

• Wait for retest or breakdown of $11.50 – that’s your critical decision zone.

• Momentum is still to the downside. Short-term bounces likely to be sold.

• Longs should only be considered with clear confirmation or after reclaiming higher zones.

• Upgrade to premium for lower timeframe scalps and sniper entries!

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⚠️ Disclaimer: This is not investment advice. All trades are made at your own risk. Make sure to perform your own analysis and consider using a stop-loss and risk management strategy.