$LINK
📊 LINK/USDT Technical Analysis – Momentum Builds at $28.53! 📊
Chainlink (LINK) is holding steady at $28.53, showing signs of renewed strength. Here’s what traders should watch:
🔸 Resistance: The immediate resistance is at $30.00, a critical psychological and technical level. A breakout above this zone could ignite a rally toward $32.00, aligning with previous highs.
🔸 Support: Solid support is found at $27.50, a level that has consistently attracted buyers. A dip to this level could provide an excellent entry opportunity for those betting on further upside.
📈 Entry Strategy:
For Bulls: Wait for a confirmed breakout above $30.00 to target the next resistance levels at $32.00 or $33.50.
For Bears: Look for a break below $27.50 to target lower levels around $25.00 for potential short positions.
⚠️ Risk Management: With LINK trading in a volatile range, position sizing and stop-losses are crucial to mitigate risks.
💡 LINK is at a pivotal point—whether it breaks higher or retraces, the next move could offer strong trading opportunities. Stay ready! 🚀
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