🚨 ALERT: $LINK ON THE MOVE – EXPLOSIVE ACTION AHEAD! 🚨
$LINK is currently trading at $24.28, showing a pullback of -0.90% after testing the 24h high at $26.32. The chart indicates consolidation near the EMA(7) and EMA(25), hinting at a potential breakout or correction. Watch closely as the market gears up for its next move!
Key Levels to Watch:
📈 Resistance Levels:
$26.90: Breaking above this level could reignite bullish momentum, pushing LINK toward the next targets.
$28.50: A secondary push could attract strong buying interest, driving the price higher.
$30.00: Major psychological resistance; crossing this level may lead to a fresh rally.
📉 Support Levels:
$23.38: Holding above this level is critical to maintaining bullish sentiment. A drop below could signal a retracement.
$21.88 (EMA 25): Strong support to watch for further dips; losing this level may shift momentum bearish.
Trade Setup:
Long Entry: If LINK sustains above $24.50, targets to aim for are $26.90, $28.50, and $30.00. Suggested stop-loss at $23.00.
Short Entry: If LINK drops below $23.38, expect a decline toward $22.00 or even lower. Set stop-loss above $24.50 for risk management.
The market is brewing for a big move – stay sharp and manage your trades wisely!