📈 $LINK /USDT: Momentum Building Up – Trade Setups for Bulls and Bears!
$LINK /USDT is trading at $29.91, up +6.78%, with its 24-hour high at $30.77. The price action indicates opportunities for long and short trades.
🎯 Targets for Long Trades:
1️⃣ First Target: $30.50 – Testing immediate resistance.
2️⃣ Second Target: $31.00 – Breaking above psychological resistance.
3️⃣ Third Target: $32.00 – Moving into the next upward zone.
Setup: Enter above $30.00 if bullish momentum continues, confirmed by increasing volume. Use a stop-loss at $29.50 for risk control.
🎯 Targets for Short Trades:
1️⃣ First Target: $29.00 – Testing immediate support.
2️⃣ Second Target: $28.00 – Retesting deeper support levels.
3️⃣ Third Target: $27.50 – Revisiting 24-hour low zones.
Setup: Short if price rejects $30.00 resistance or breaks below $29.50 with confirmed bearish signals. Place a stop-loss at $30.20 to minimize losses.
⚡ Market Insight: $LINK is gaining traction in the infrastructure sector, with increased trading volumes. Watch closely for potential breakouts or reversals for optimal entry points.
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