$LINK
๐ LINK/USDT Technical Analysis โ Chainlink on the Move! ๐๐
The LINK/USDT pair is trading at $24.51, showcasing steady momentum as traders watch for the next breakout. Here's a quick look at the key levels:
๐น Support Levels:
Immediate support lies at $24.00, a critical zone where buyers have held the line.
Below that, $23.50 offers strong backup, acting as a major demand zone from previous dips.
๐น Resistance Levels:
The first resistance to watch is at $25.00, a key psychological level that could ignite bullish momentum.
A breakout above $25.00 could push LINK toward $26.50 or even $28.00 in the short term.
๐ Trading Strategy:
For Bulls: Enter near $24.00 with targets at $25.00โ$26.50, and a stop-loss at $23.50.
For Bears: Consider shorts if $24.00 breaks, aiming for $23.50, with a stop-loss at $24.50.
LINK is gearing up for a decisive move, and all eyes are on the $25.00 resistance. Will Chainlink continue its climb? Stay sharp, monitor volume closely, and trade with confidence! ๐๐น
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