$LINK /USDT Technical Analysis
Current Price: $22.96 (+3.66%)
24H Range: $21.31 - $23.45
Volume: 7.17M LINK
Key Insights:
$LINK /USDT has shown strong recovery, bouncing off the $22.00 support level.
The price is approaching the $23.50 resistance, which could trigger further bullish momentum if breached.
🎯 Targets:
1. Target 1: $23.50
Rationale: Immediate resistance zone; achievable if current momentum sustains.
Action: Secure partial profits at this level.
2. Target 2: $24.00
Rationale: Key psychological resistance and next level above the 24H high.
Action: Hold positions if price consolidates above $23.50.
3. Target 3: $25.00
Rationale: Major resistance level and breakout potential zone.
Action: Full profit-taking recommended.
🔑 Strategy:
Stop Loss: Place below $22.00 to manage downside risk.
Indicators to Watch: Monitor RSI for overbought conditions and volume trends to confirm breakout above $23.50.