$LINK
đ LINK/USDT Technical Analysis â Momentum Builds at $28.53! đ
Chainlink (LINK) is holding steady at $28.53, showing signs of renewed strength. Hereâs what traders should watch:
đ¸ Resistance: The immediate resistance is at $30.00, a critical psychological and technical level. A breakout above this zone could ignite a rally toward $32.00, aligning with previous highs.
đ¸ Support: Solid support is found at $27.50, a level that has consistently attracted buyers. A dip to this level could provide an excellent entry opportunity for those betting on further upside.
đ Entry Strategy:
For Bulls: Wait for a confirmed breakout above $30.00 to target the next resistance levels at $32.00 or $33.50.
For Bears: Look for a break below $27.50 to target lower levels around $25.00 for potential short positions.
â ď¸ Risk Management: With LINK trading in a volatile range, position sizing and stop-losses are crucial to mitigate risks.
đĄ LINK is at a pivotal pointâwhether it breaks higher or retraces, the next move could offer strong trading opportunities. Stay ready! đ
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