📊 $LINK /USDT – Watch for Potential Breakdown or Reversal! 🔥💯
$LINK is currently trading at $19.88, showing a slight decline of -1.97% in the last 24 hours. The price recently tested $20.33 but has since pulled back to $19.88.
📈 Entry Zones:
Bearish Setup: If the price breaks below $19.50, consider shorting with targets towards $19.00 (support zone).
Bullish Setup: If the price holds above $19.88, look for a long setup targeting $20.50 as the next resistance.
📊 Take Profit (TP):
1. TP1: $20.50 (immediate resistance)
2. TP2: $21.00 (next resistance level)
3. TP3: $22.00 (higher resistance)
🛑 Stop Loss (SL):
SL: $19.00 (below support zone for risk management)
📉 Key Observations:
Volume: 5.24M LINK traded with 103.59M USDT, indicating moderate interest.
Price Action: The price has been consolidating around the $20.00 mark and has shown a slight pullback. Watch for a break of the $19.50 level for bearish confirmation or a hold above $19.88 for further upside.
⚖️ Risk/Reward Outlook: With a stop loss at $19.00 and a target at $22.00, the risk-to-reward ratio is favorable for long positions.
Follow my predictions — 93% profit guaranteed!
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