After a strong sell-off, price found support near 12.37 and now moving in a sideways recovery. Panic selling already cooled down, and the market is trying to stabilize. On the 1H timeframe, candles are forming a base below resistance, which usually means buyers are defending the zone, but strength is still limited. EMA lines are above price, so recovery may be slow and step-by-step. 🔍 Multi-Timeframe Bias Short term (15m–1H): As long as price stays above 12.50, small upside moves are possible. Mid term (4H): A break and hold above 13.30 can shift momentum bullish again. Risk zone: If price loses 12.37, sellers may test lower liquidity areas. This is my personal market opinion, not financial advice. Market can change anytime.
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$LINK LINK/USDT – Simple Market View
After a strong sell-off, price found support near 12.37 and now moving in a sideways recovery. Panic selling already cooled down, and the market is trying to stabilize.
On the 1H timeframe, candles are forming a base below resistance, which usually means buyers are defending the zone, but strength is still limited. EMA lines are above price, so recovery may be slow and step-by-step.
🔍 Multi-Timeframe Bias
Short term (15m–1H):
As long as price stays above 12.50, small upside moves are possible.
Mid term (4H):
A break and hold above 13.30 can shift momentum bullish again.
Risk zone:
If price loses 12.37, sellers may test lower liquidity areas.
This is my personal market opinion, not financial advice. Market can change anytime.