Link/usdt H1 Chart Trading Strategy with Good Win Rate

$LINK

Scenario 1: Buy When Price Retraces to Support

• Buy: At the strong support zone 28.10 - 28.20 USDT (most recent low).

• Take Profit: Short-term resistance zone 29.50 - 30.00 USDT.

• Stop Loss: Below the zone of 27.80 USDT.

• Risk/Reward: R:R ratio ~ 1:2, ensuring good capital management.

Scenario 2: Buy When Breakout Resistance

• Buy: When the price breaks above 29.50 USDT with strong trading volume.

• Take Profit: Next resistance zone 30.50 - 31.00 USDT.

• Stop Loss: Back below the zone of 29.00 USDT.

• Note: Need to monitor the breakout volume to avoid a bull trap.