Short answer: it can go up, but chasing here is dumb. Now let’s break it properly.
What I see on the chart (15m $LINK /USDT)
Technicals (no fairy tales)
1. Strong impulsive
Strong impulsive move Price jumped hard from ~8.25 to ~8.90. That’s not organic grinding. That’s momentum money.
2. Resistance
Now it’s stalling You’re at 8.81, right under 8.90–8.95 resistance.
After a sharp pump, price usually does one of three things:
a. Consolidates
b. Pulls back
c. Fake breaks and dumps
Right now it’s consolidating, not breaking
3. Moving averages
MA7 > MA25 > MA99 → bullish structure, yes
But price is extended from MA99 → pullback risk is real
4. Volume
Volume spiked on the pump, now it’s cooling.
That means buyers are slowing, not accelerating.
If volume doesn’t come back, this move dies.
Bullish case (why it may go up)
This only works if conditions are met:
Clean break and hold above 8.95 Not a wick. A candle close with volume.
Higher low above 8.65 Shows buyers are defending.
Market sentiment LINK is an infrastructure coin. It usually moves when market isn’t bleeding. If BTC stays calm, LINK can continue.
👉 If this happens, next targets:
9.10
9.35
Stretch target 9.60
Bearish case (why it can go down)
This is more likely short-term if people get greedy.
Rejection at 8.90–8.95 That zone already slapped price once.
No follow-through volume Pump without continuation = distribution.
Lower timeframe exhaustion 15m pumps often retrace 30–50%.
If rejected, likely pullback zones:
8.65
8.45
Worst case 8.25 (origin of move)
Entries (don’t be reckless)
Best entry (smart, not emotional)
Buy zone: 8.55–8.65
Stop loss: 8.38
Take profit:
TP1: 8.95
TP2: 9.20
TP3: 9.50
Risk is controlled. Structure is respected.
Breakout (only for disciplined traders)
Entry: 15m close above 8.95 with volume
Stop loss: 8.70
TP: 9.30–9.60
If you enter breakout without volume, that’s gambling.
Short idea (only if rejection confirms)
Entry: rejection wick + close below 8.85
SL: 9.05
TP: 8.55 → 8.35
Fundamentals (quick reality check)
$LINK has real use (oracles, integrations)
Not a meme, not vaporware
But do not save you on 15m timeframe Short term = technicals rule
