$LINK Analysis: Testing Crucial Levels for a Potential Move
$LINK is currently trading at $28.38 on the 15-minute chart, showing consolidation after recent declines. A decisive move above or below the key levels could signal the next big move.
Trade Setup:
Long Entry: Above $28.60, targeting $29.20 and $29.80.
Short Entry: Below $28.10, looking for $27.50 and $27.00.
Stop Loss: Place a stop loss at $28.20 to manage risk effectively.
Market Insight:
$$LINK s trading in a tight range with lower volume, signaling indecision. A breakout above $28.60 could attract fresh buyers, pushing the price higher, while a drop below $28.10 may trigger selling pressure.
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