LINK/USDT 1H: Accumulation or More Downside? Watch $19.50!

LINK/USDT 1H: Analysis
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Current Market Structure:

• Bearish trend intact, with price forming lower lows and lower highs, currently at $19.06.
  
• RSI at 39.07 showing potential hidden bullish divergence, but still below neutral (50).
  

Key Levels:

• Resistance: $20.00 (psychological barrier).
  
• Support: $18.50 (previous reaction low).
  
• Premium Zone: $26.00-$27.00.
  
• Discount Zone: $15.00-$16.00.
  

Smart Money Analysis:

• Market Makers likely accumulating at current levels, but no clear reversal yet.
  
• Volume profile thinning, indicating potential for an impulse move soon.
  
• Structural shift required before considering aggressive long positions.
  

Risk Score:

• 6/10 – Medium risk as market structure remains weak.
  

Recommendation:

• Wait for confirmation. Current setup lacks confidence (below 7/10) for a full trade recommendation.
  
• Look for bullish reversal candles above $19.50 before considering longs.
  
• Patience is key—rushing in before confirmation could lead to unnecessary risk.
  

Confidence Level:

• 6/10 – Signs of accumulation, but structure remains bearish.
  

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