🚀🔥 $LINK /USDT SEES SLIGHT DECREASE - CAUTIOUS BEARISH MOMENTUM! 🔥🚀
The $LINK /USDT pair on Binance is currently trading at $23.31, reflecting a decrease of 0.34%. The 24-hour high is $24.05, and the 24-hour low is $22.87. The 24-hour trading volume for LINK is 3.26 million, and for USDT, it is 76.34 million. The chart displayed is a 1-hour candlestick chart, showing price movements of LINK against USDT with fluctuations within support and resistance levels at $23.00 and $24.00 respectively.
Trade scenarios:
- Bullish scenario: If the price breaks above the recent high of $24.05, it could target the next resistance level at $25.00.
- Take profit (TP): $25.00
- Stop loss (SL): $23.00
- Bearish scenario: If the price fails to sustain above $23.00 and drops below this level, it could test the support level at $22.50.
- Take profit (TP): $22.50
- Stop loss (SL): $23.50
Market outlook:
The current market sentiment for LINK/USDT remains cautiously bearish, with potential for further declines if the downward momentum continues. Traders should monitor key support and resistance levels to make informed decisions.
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