$LINK /USDT Trading Signal – Consolidation with Breakout Potential!
Current Price: $23.31 (-0.13%)
24h High: $24.05
24h Low: $22.87
Volume (LINK): 3.33M
Volume (USDT): $78.00M
Market Observation
LINK/USDT is trading in a consolidation range near $23.30 after testing resistance at $24.00. A breakout above this level could signal strong bullish momentum.
Trade Setup
Long Entry Zone: $23.00 - $23.40
Targets:
Target 1: $23.80
Target 2: $24.20
Target 3: $24.60
Stop Loss: $22.80 (below recent support to limit risk)
Risk Management
Secure partial profits at each target and adjust your stop-loss to the entry point after hitting the first target to minimize risk.
Market Insight
LINK is showing strength near its support, with potential to retest resistance levels. A breakout above $24.00 could attract additional buying interest. Monitor volume and momentum closely.
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