COIN NAME- #LINK🔥🔥🔥
SIGNAL TYPE- LONG
This LINK/USDT chart does not immediately indicate a bullish trend. The price is trading below the EMA ribbon, which suggests a bearish momentum. The price has reached a key horizontal support zone near $20.52, which may be a potential reversal point. RSI is at 27.34, signaling an oversold condition, which could trigger a relief bounce. However, the price must reclaim the EMA ribbon and break above the descending resistance trendline for the market to turn bullish. A confirmed higher low and increased buying volume would strengthen a bullish case. Until then, the trend remains bearish, with caution for further downsides.
Trade Details:
Entry: Around 20.50 (Join my Binance live for premium crypto signals)
TP: 24.50
SL: HOLD
$LINK
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