$LINK

/USDT

Current Price: $30.38 (+4.36%)

24h High: $30.85, 24h Low: $28.02

Momentum: Positive, indicated by the +4.36% change and the current price above the 5-period moving average (MA5).

Stop and Reverse (SAR): $29.41 – acting as a potential support level.

Moving Averages: MA5 (208,707.62) and MA10 (160,931.98) suggest bullish momentum in the short term.

Trade Signals:

Bullish Signal: The price is showing a clear upward trend, with the current price near the top of the 24h range and above moving averages.

Bearish Signal: A price drop below $29.41 (SAR) could signal a reversal.

Target Levels 🎯:

1. Target 1: $31.00 – Short-term resistance near 24h high.

2. Target 2: $32.50 – Extended bullish target based on the trend continuation.

3. Target 3: $33.00 – Major resistance zone, if the momentum holds strong.

Trade Momentum:

Strong Buy Signal: Short-term positive momentum, but watch for a price reversal near $30.85.

Sell Signal: If the price falls below $29.41, consider a cautious approach for potential short positions.

Would you like more detailed analysis or to adjust the strategy?

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