$LINK /USDT Analysis: Testing Key Highs
$LINK is currently trading at $24.19, up 6.61% over the last 24 hours. The price has rebounded strongly from a low of $20.02, now testing a critical resistance zone at its 24-hour high.
Key Levels to Watch
Support: $23.50 – A key level to maintain upward momentum.
Resistance: $24.20 – Breaking this level could trigger further gains.
Trade Setup
Entry Point: Around $24.10
Targets:
1. $25.00 (short-term)
2. $26.00 (next target)
Risk Management
Stop-loss: $23.00 – To manage potential downside risks.
A breakout above $24.20 could signal strong bullish continuation, with $25.00 as the next psychological target. Keep an eye on volume to confirm the breakout's strength.
