$LINK

LINK/USDT Technical Analysis – Is the Bottom in Sight?

At $28.77, LINK/USDT is currently navigating through an important phase. After recent price fluctuations, traders are keen to see if the price will bounce off key support or continue its downward trend.

Key Levels to Watch:

🔹 Support: $27.50 – This level has been acting as a strong support zone, where price has previously reversed. A bounce from here could trigger a bullish rally towards higher levels.

🔹 Resistance: $30.50 – The $30.50 level is a crucial resistance. If LINK can break through this barrier with solid volume, it could pave the way for a run towards $33.00.

Entry Strategy:

Bullish Entry: Watch for a breakout above $30.50 with good volume. This could be the signal to target $33.00 or higher, as the bulls may regain control of the trend.

Bearish Entry: If $27.50 support fails, consider shorting towards $25.00, as the market could see further downside if the bears push through.

With LINK/USDT at $28.77, the key will be monitoring these critical levels. Will the support hold, or will the bears take over? Stay alert and trade smart!

#MicroStrategyJoinsNasdaq100 #BinanceLaunchpoolVANA #BinanceListsVelodrome #BinanceListsVelodrome #Write2Earn!