$LINK /USDT Analysis & Trading Setup š„šÆ
$LINK is currently trading at $20.36, down 5.61% in the last 24 hours. The price is approaching key support levels, offering potential trading opportunities in the short term.
š Entry Zones:
Aggressive Entry: $20.36 (current price)
Conservative Entry: $19.59 (24h low support)
š Take Profit (TP):
1. TP1: $21.00 (initial resistance)
2. TP2: $21.73 (24h high resistance)
3. TP3: $23.00 (major resistance level)
š Stop Loss (SL):
Tight SL: $19.50 (below recent low support)
š Key Indicators to Watch:
Volume: A significant volume increase near $20.00 could signal a reversal.
RSI: Monitor for oversold conditions that may indicate upward momentum.
Support/Resistance Levels: Strong support at $19.59 and resistance at $21.73.
āļø Risk/Reward Outlook:
$LINK has shown resilience in holding its key support levels. If it sustains above $20.00, a rebound toward $21.73 or higher is likely. Watch for confirmation signals before entering a trade.
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