LINK/USDT 4H ChartChainLink / TetherUSBINANCE:LINKUSDTcryptodailyukπ Market Context Price currently ~$9.0β9.2 The market is rather neutral-bearish short-term (no momentum, falling with the market) What you see on the chart = classic consolidation in an ascending channel π§ What your chart shows πΊ Trend Ascending channel (purple lines) BUT: the price is starting to make a lower high (LH) β the first sign of weakness π This is no longer a pure uptrend, but a range in the trend π Key Levels π’ Resistance: 9.52 9.94 10.58 (strong β breakout = impulse) π΄ Support: 8.85 (very important) 8.51 8.06 (last line defense) β‘ RSI + MACD RSI: ~40β45 β lack of strength slightly bearish (not (rebounds) MACD: bearish β downward momentum π So: technically, a bigger chance of a pullback than a pump (for now) π Scenarios π₯ SCENARIO 1 (more likely now) Break down: if 8.85 falls β we go to 8.51 if 8.51 doesn't hold β 8.06 π This is a clean short setup π© SCENARIO 2 (bullish) Return to the upside: reclaim 9.52 then target: 9.94 10.5+ π But volume has to come in β it's not there yet π§ How I would play it (pro mindset) Option 1 β short: entry: below 8.85 TP: 8.51 / 8.06 Option 2 β long: only after: a breakout of 9.52 or a retest of 8.5 and a bounce π¨ Most importantly Now you have: π the middle of the range = the worst place to enter So: not long not short you are waiting for a breakout π§Ύ TL;DR trend: sideways in an uptrend channel momentum: downtrend key: 8.85 bias: slightly bearish