$LINK /USDT Technical Analysis
Current Price: $23.42 (+0.60%)
Trend: Bullish momentum with minor resistance ahead.
Key Indicators:
RSI (14): 62 (bullish, near overbought zone)
MACD: Positive crossover, indicating upward momentum.
Support Levels: $22.87 (24h low), $22.50 (major support).
Resistance Levels: $23.93 (24h high), $24.50 (key resistance).
Trade Momentum:
LINK is showing a bullish breakout potential with strong buying pressure. If the price sustains above $23.40, we might see it testing the $24.00-$24.50 zone.
Trade Signal
Position: Long
Entry Zone: $23.30–$23.50
Targets:
🎯 Target 1: $23.93
🎯 Target 2: $24.50
🎯 Target 3: $25.20
Stop Loss: $22.60
Risk-to-Reward Ratio: 1:2
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