$LINK /USDT - 1H Binance Analysis 🚀🔥💯

Trend Overview: $LINK is trading at $28.38, down -0.39% in the last 24 hours. Price is consolidating between $28.26 (low) and $30.85 (high), with a minor hourly decline of -1.29%. A breakout or breakdown is imminent.

Trade Setup:

🔵 Long Position

Entry Zone: $28.00 - $28.50

Targets: $29.50 | $30.00 | $30.85

Stop Loss: $27.50

🔴 Short Position

Entry Zone: $30.50 - $31.00

Targets: $28.50 | $28.00

Stop Loss: $31.50

Leverage: 5x for optimal risk management.

Key Levels to Watch:

Support: $28.26 – Price could see more downside if this level is broken.

Resistance: $30.00 - $30.50 – A breakout above this range could signal a bullish continuation.

Market Sentiment: The market shows $LINK testing support near $28.26. A bullish reversal is possible if this level holds, while a drop below $28.00 could lead to further downside. Watch for a breakout above $30.00 to confirm a trend reversal.

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