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$LINK Price Analysis: Freefall Accelerates... Lost 25% of its values ..

$LINK is trading at $21.39, suffering a sharp drop of 13.54% over the past 24 hours. The price has slipped from a high of $25.61 to test a critical low of $21.21, signaling significant bearish pressure.

Key Levels to Watch:

Support: $21.00 – A break below this level could push the price toward $19.50.

Resistance: $23.16 – Bulls need to reclaim this zone for any recovery.

Trade Setup:

Entry Point: Around $21.39 for short-term opportunities.

Targets:

1. $23.16 (short-term recovery)

2. $25.00 (next resistance zone)

Risk Management:

Stop-loss: $20.80 to minimize downside risk.

Market Insight:

The sharp decline reflects sustained selling pressure. A reversal may be possible if the price finds strong support at $21.00, but traders should stay cautious and monitor for volume confirmation.

#Write2Earn!

Technical Analysis: Breakout Gainers – $MOVE , $USUAL , #AKRO , #WRX , #ZEN , and $TROY

The market has some bright spots with notable gainers leading the way. MOVE is up 12.36%, trading at $0.7308, showing strong bullish momentum. If MOVE breaks above $0.75, it could target $0.78 in the short term. However, a pullback to $0.70 may offer a buying opportunity for traders. Similarly, USUAL has surged 12.35% to $1.2338, holding above critical support. A sustained move above $1.25 could push it toward $1.30, while a retracement below $1.20 might trigger consolidation before the next breakout.

AKRO is up 9.66%, trading at $0.002328, and showing potential for further gains if it can break resistance at $0.00240. WRX and ZEN have also posted gains, with WRX climbing 4.81% to $0.1067 and ZEN increasing by 2.04% to $14.97. WRX could face resistance at $0.11, while ZEN’s next target lies near $15.50 if bullish sentiment persists. Lastly, TROY has risen modestly by 1.41%, trading at $0.005685, indicating steady accumulation. If TROY holds above $0.0056, it may aim for $0.0058. These coins present strong opportunities, and traders should watch for breakout confirmations to ride the momentum.

#Write2Earn!