🚨 $LINK /USDT at Critical Support! Potential Breakout or Breakdown Incoming! 🚨

The LINK/USDT pair is at a pivotal moment, currently sitting at $11.90 after rebounding off strong support at $11.75. The chart shows a consolidation phase following a drop from the $12.35 high, creating an ideal setup for traders looking to capitalize on volatility.

💡 Support and Resistance Levels:

• Strong Support: $11.75 – Key area holding the price up; any breach could signal a downward slide.

• Resistance Zone: $12.10 – Immediate resistance; a breakout here could trigger a push toward $12.35.

📉 Short-Term Trading Strategy:

• Long Entry: Above $12.10, targeting $12.35 with a stop loss at $11.80.

• Short Entry: Below $11.75, targeting $11.50 with a stop loss at $12.00.

🚀 Long-Term Outlook:

• A successful breakout above $12.35 could propel LINK to the next resistance near $12.60, with strong momentum likely to follow.

This chart presents a perfect balance of opportunity and risk – trade smart!

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