🚨 $LINK /USDT TECHNICAL ANALYSIS: BIG MOVE INCOMING! 🚨

$LINK /USDT is currently trading at $27.77, marking a 22.01% increase in the last 24 hours. After touching a high of $29.45, LINK is showing signs of slight consolidation, which could set the stage for its next breakout or retracement. Here’s what to watch next:

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Key Levels and 3 Targets

1️⃣ Immediate Resistance: $29.50

Breaking above this level could reignite bullish momentum, driving LINK to new highs.

2️⃣ First Target: $31.00

If LINK breaches $29.50, this psychological level becomes the next focus. A rally above $31.00 could trigger further buying interest.

3️⃣ Second Target: $33.50

Sustained momentum could push LINK toward $33.50, reflecting the next significant resistance level and a likely profit-taking zone.

4️⃣ Support Zone: $26.50

On the downside, if LINK fails to break above $29.50, it may retest $26.50 as critical support. A break below this could shift momentum bearish, targeting $24.00.

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Technical Insights

Trend: Bullish, supported by sharp volume spikes and strong daily momentum.

Indicators: RSI is in overbought territory, signaling a potential short-term pullback before another upward move.

Volatility: Elevated – sharp price swings expected as traders position for the next big move.

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Trading Strategy

💡 Bullish Play:

Entry: Above $29.50

Targets: $31.00, $33.50

Stop-Loss: Below $28.00

💡 Bearish Play:

Entry: Below $26.50

Targets: $24.00, $22.00

Stop-Loss: Above $27.50

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Stay alert and trade wisely—LINK is gearing up for a decisive move!

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