Today's Trading Signals for Chainlink
Action: Long Buy $LINK
Entry: $19.50 - $20.00
TP1: $21.50
TP2: $23.00
SL: $18.00
DCA: $18.50, $17.50
LINK has experienced a 6.48% increase in the last 24 hours and a 7.05% increase over the past 7 days, signaling bullish momentum.
Its 24-hour trading volume of $2.83 billion suggests strong interest and liquidity.
The price has broken key resistance levels around $18.50, moving closer to higher support zones at $19.50.
Strategy:
The suggested entry range aligns with current market behavior, providing opportunities to ride upward momentum.
The first profit target aligns with the recent local high range, while the second target anticipates continuation of the trend.
Use Dollar-Cost Averaging (DCA) for potential pullbacks near $18.50 and $17.50 for better average entry points.
Trade at your own risk. DYOR (Do Your Own Research).
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