LIN/KUSDT – 2H – BUY

A confluence of signals on the 2-hour chart for LIN/KUSDT points to a significant bullish reversal attempt. The breakdown of a Bear Flag pattern has been invalidated by a Fibonacci Break UpTrend from the 0% retracement level, suggesting the prior downtrend structure has been broken. The Bullish Harami Cross and Long Legged Doji candlestick patterns confirm a shift in momentum from sellers to buyers, reinforced by the TEMA Retreat Up which indicates a pullback in the moving average has concluded. The BOP Zero Cross Up signals that buying pressure has turned positive, while the WILLR OB Entry places the oscillator in overbought territory, validating the strength of the move.

The broader timeframes show a developing bullish bias, with the 8-hour, 12-hour, and daily charts all trending bullish, albeit with choppy action. The 2-hour and 4-hour timeframes are transitioning from bearish to trend forming, aligning with the intraday reversal signal. The nearest resistance sits at 8.63300, a level that must be breached to confirm the new uptrend. Support is established at 7.79500, representing the recent breakdown point and the low of the Bear Flag structure.