$LINK
๐ LINK/USDT Technical Analysis: Testing Resistance at $21.13!
The LINK/USDT pair is trading at $21.13, showing signs of strength after recent market movements. Letโs break down the key levels and strategies:
Support Zone: Strong support is observed at $20.80. If the price holds above this level, it could provide a base for further upward movement. A breakdown, however, may lead to retesting the $20.50 level.
Resistance Levels: The immediate resistance is at $21.50. A breakout above this could push the price toward $22.00, a key psychological and technical level.
๐ Momentum Insight: The price is gradually trending higher, signaling potential bullish momentum. A volume spike could confirm a breakout or rejection at these levels.
Trading Strategy:
Long Entry: Enter above $21.50, targeting $22.00โ$22.50, with a stop-loss below $21.00.
Short Entry: Consider shorting below $20.80, targeting $20.50, with a stop above $21.00.
LINK is at a decisive levelโwatch closely for confirmations before entering trades. Stick to your strategy, manage risk, and let the market lead the way! ๐โจ
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