price action at 12.194 today triggers a contrarian long(entry) on $link, marking the 38.2% fib retrace(support) after a liquidity-driven dip. williams %r recovery to -62.0 signals oversold exhaustion, aligning with the trendline breakout and rsi(14) at 36. target 1 at 12.749 sframs the 50% fib and psychological 12.50 resistance. invalidated by a reclaim beneath 11.824, which would nullify the v-shape recovery and mean reversion thesis.
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