【$LINK Signal】Pullback to Long! 1H RSI Bottom Divergence + 4H EMA50 Strong Support

$LINK The 1H timeframe is forming a double bottom pattern around 8.66, with a clear bottom divergence in RSI, indicating short-term upward momentum is building. The 4H price has precisely retested the EMA50 (8.78), a key trend support, and open interest remains stable without signs of panic selling, which is a signal of institutional support. The current price is in a multi-timeframe resonance support zone, making it an excellent entry point.

🎯Direction: Long (Long)

⚡Entry/Order: 8.66 - 8.70

🛑Stop Loss: 8.54

🚀Target 1: 8.95

🚀Target 2: 9.15

🛡️Trade Management:
- Position Size Recommendation: Standard Position
- Execution Strategy: After the price reaches 8.95, reduce position by 50% and move the stop loss up to the entry price of 8.70. Hold the remaining position to aim for the second target. If the 1H close drops below 8.70, exit all positions.

Deep Logic: The 1H RSI (35.6) shows a bullish divergence with the price, indicating strong rebound demand. The 4H EMA50 (8.78) is a recent lifeline, providing support. Market depth data shows a large accumulation of buy orders between 8.65-8.66 (about 16,000 units), forming a solid defense line. Open interest remains stable, suggesting the decline has not triggered a large-scale long squeeze but is a healthy profit-taking move. Negative funding rates imply excessive short positioning, with potential for a short squeeze.

View real-time market 👇 $LINK

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