🚨 $LINK /USDT ALERT: Massive Momentum Breakout! 🚨
$LINK is trading at $23.96, showing a strong +28.13% surge over the past 24 hours. The chart indicates a powerful bullish breakout with a fresh 4-hour high of $24.04. This momentum suggests further upside potential, but key levels need attention to navigate this explosive market move.
🔑 Key Levels to Watch:
Resistance Levels:
1. $24.50 – Immediate target if the breakout sustains. Breaking this level could invite more buyers into the market.
2. $26.20 – The next significant resistance zone. Expect strong momentum if this level is tested successfully.
3. $28.00 – A crucial long-term target where bulls may take profits, potentially triggering a retracement.
Support Levels:
$21.50 – Strong initial support to maintain the current bullish structure. A drop below could signal a retracement.
$18.40 – Critical support to avoid further downside if bearish momentum resurfaces.
📈 Trade Setup:
Long Entry: Around $23.50–$24.00 with targets at $24.50, $26.20, and $28.00.
Stop Loss: Below $21.50 to minimize risk.
Caution: While $LINK's bullish momentum is strong, watch for rejection near resistance zones. Rising volume supports the breakout, but manage your trades with tight stop-loss levels to protect against volatility.
