๐ $LINK /USDT: Poised for a Breakout? ๐
$LINK is currently trading around 23.51, hovering near key resistance levels. ๐ง This is a crucial point for the pair, as a decisive move could signal a strong trend.
๐ฅ Trade Scenarios:
* Entry: 23.52
* Take Profit 1 (TP1): 24.50
* Take Profit 2 (TP2): 25.80
* Take Profit 3 (TP3): 27.00
* Stop Loss (SL): 22.50
๐ Bullish Breakout: A successful break above 24.50 resistance could ignite a bullish rally, aiming for TP1, TP2, and potentially TP3. ๐
๐ Bearish Reversal: Conversely, a drop below 22.50 support could indicate bearish pressure, potentially leading to further downside. ๐
๐ก Market Outlook:
$LINK is currently consolidating above 22.50 support. ๐ง Holding this level is crucial for maintaining bullish momentum. A decisive break above 24.50 resistance would confirm bullish strength.