【$LINK Signal】Pullback to go long + 1H level charging for launch

$LINK The 1H level is undergoing a critical support zone with reduced volume consolidation, with prices closely following the EMA20 moving average, and fierce battles between bulls and bears. The 4H level shows wide-range oscillation, but open interest remains stable, with no signs of major players fleeing. The current pullback seems more like a preparation for the next surge. Buy orders have significantly deeper depth than sell orders, with dense support below, and declining momentum exhausted.

🎯Direction: Long

⚡Entry/Order: 8.638 - 8.725

🛑Stop Loss: 8.520

🚀Target 1: 8.950

🚀Target 2: 9.150

🛡️Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks above 9.0 and stabilizes, move the remaining stop loss up to 8.85 to seek greater gains.

Depth Logic: Although the price has slightly declined, open interest remains stable, indicating this is not a large-scale long liquidation but more like a shakeout by major players. The 1-hour RSI is in a neutral to weak zone, leaving room for a rebound and recovery. Market depth shows substantial buy order support below 8.72, forming a strong support wall, while sell pressure above is relatively sparse. Once a breakout is initiated, resistance is minimal. Combined with normal funding rates, there is no liquidation risk, making this an ideal position for bulls to hide.

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