$LINK

/USDT Technical Analysis

Current Price: $22.46

24h Change: -2.56%

Key Indicators:

24h High: $23.21

24h Low: $21.53

Volume (24h):

LINK: 6.06M

USDT: 135.71M

Moving Averages:

MA(5): $21,102.23

MA(10): $29,024.75

Trade Momentum:

The price is near support at $21.50, with potential upside as it rebounds.

Bearish pressure is easing, indicating a possible short-term reversal.

Trade Signals

1. Entry Point:

Long entry near $22.00–$22.20 with tight stop-loss at $21.50.

2. Targets:

🎯 Target 1: $23.00 (Near resistance zone).

🎯 Target 2: $24.20 (Breakout potential).

🎯 Target 3: $25.50 (Momentum-driven rally).

3. Momentum:

Short-term: Neutral to Bullish.

Medium-term: Bullish if price breaks $24.

Strategy:

For aggressive traders, buy the dips with a tight stop-loss.

For conservative traders, wait for a confirmed breakout above $23.50 before entering.

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