$LINK /USDT Technical Analysis Update
📊 Current Price: $22.80
⏫ 24H High: $23.45
⏬ 24H Low: $21.31
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🔍 Key Levels and Targets:
1. Target 1: $23.50 (Immediate Resistance)
Action: If tested, consider taking partial profits as this is a strong resistance zone.
2. Target 2: $24.20
Potential Breakout Zone: A confirmed breakout above $23.50 could drive LINK toward $24.20.
3. Target 3: $25.50
Long-term Target: Sustained bullish momentum and volume could push LINK to $25.50.
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📈 Trend Analysis:
Short-term: LINK has broken out of a consolidation zone and is showing bullish signs after a strong move toward $23.50.
Mid-term: A breakout above $23.50 with increased volume could confirm further upside potential.
Long-term: LINK continues to trend positively with a solid 98% gain over the past 90 days.
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🛡️ Risk Management Tips:
Place stop-loss at $22.00 to protect against downside volatility.
Monitor trading volume for breakout confirmation or potential reversals.
📅 Next Update: Stay tuned for updated targets and new technical insights.