【$LINK Signal】Long and short battle, waiting patiently for 1H level direction choice

$LINK The 1H level is oscillating narrowly between 9.0-9.15, with bulls and bears in a stalemate. The 4H level remains in a downward channel with a rebound correction, but the 1H EMA20 (9.102) has turned into support, and RSI (52.85) is neutral to slightly strong, indicating short-term selling pressure is weakening. The current price is close to the sell side at the order book (9.134). If buying pressure can continue to absorb the sell orders above, there is potential to test the upper boundary of the converging triangle. Open interest remains stable, not a panic decline, more like the main force is shaking out positions at key levels.

🎯Direction: Watch and wait(Pending orders)

⚡Order strategy:

1. Breakout to go long: If the price stabilizes above 9.155 (Reason: Breaks through recent 1H high and the upper edge of the triangle convergence), it is considered a short-term bullish signal.

2. Pullback to go long: If the price retraces to 9.00-9.02 (Reason: Previous low support on the 4H level and psychological integer level), it is seen as a buying opportunity on dips.

🛑Stop loss: 8.95 (Reason: Falling below key support, structure broken)

🚀Target 1: 9.35 (Reason: Previous high resistance on the 4H level and near EMA50)

🚀Target 2: 9.55 (Reason: 1.618 Fibonacci extension level)

🛡️Trade management:

- Position size suggestion: Light position (Reason: Direction is unclear, wait for confirmation signals, control risk).

- Execution strategy: If a breakout order is triggered, reduce position by 50% after reaching Target 1, and move stop loss to entry point. If a pullback order is triggered and the price does not quickly move away from the cost zone, consider closing to break even.

Deep logic: The order book shows that buy depth in the 9.11-9.12 area is unusually thick (over 10,000 contracts accumulated), forming an invisible support wall. The 1H RSI and price are showing a potential bullish divergence, with declining downward momentum. Funding rate at 0.009% is relatively low, indicating no overheating risk. The key is whether volume can break through 9.15, which would attract waiting funds to enter.

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