$LINK bullish momentum is rebuilding
I’m starting with the reason first: I’m seeing a strong recovery after a clean liquidity sweep. Price dipped into demand, took out weak hands, and then snapped back with confidence. That reaction tells me sellers are getting absorbed, not in control.
Market read
I’m reading this as a bullish reclaim inside a healthy range. The move from the lows was impulsive, followed by controlled pullbacks. Structure is now printing higher lows, which usually signals continuation rather than distribution.
Entry point
I’m interested in entries around 8.80 – 8.95
This zone