Technical Analysis: LINK/USDT
The LINK/USDT pair has been showing strong upward momentum, currently trading at $13.28, up +6.50% in the last 24 hours. Let’s dive into the chart and technical indicators to identify key levels to watch for the next moves.
Key Levels & Targets 🎯
1. Target 1: $13.41 (24h High)
The price has recently hit a high of $13.41, which is an immediate resistance point. If the price breaks through this level, we could see further upside towards the next key resistance. Watch for volume confirmation as the price approaches this area.
2. Target 2: $13.58 (Binance High)
A potential breakout target lies around $13.58, the highest price reached on Binance recently. This level could act as a strong resistance if the bullish trend continues, with potential to hit this area in the next few trading sessions. Keep an eye on market sentiment and overall volume.
3. Target 3: $12.44 (24h Low)
On the downside, $12.44 is the key support level from the last 24 hours. If the price retraces, this zone could serve as a solid entry point for bulls looking for a dip-buying opportunity. A drop below this level may signal further downside toward $12.00.
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