$LINK /USDT Trading Signal – Testing Key Levels

Current Price: $23.26 (-0.98%)

24h Range: $22.87 - $23.93

24h Volume: 4.45M LINK

Observation:

LINK/USDT is consolidating after testing a 24-hour high of $23.93. A slight rejection suggests a potential retracement or a preparation for another push higher. Bulls are holding key levels as momentum stabilizes.

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Trading Plan (1H Timeframe):

Long Entry: $23.00 - $23.30

Targets:

T1: $23.80

T2: $24.50

T3: $25.00

Stop Loss: $22.60

Alternate Plan:

If price breaks below $22.80:

Short Entry: $22.80 - $22.50

Targets:

T1: $22.00

T2: $21.50

Stop Loss: $23.20

Analysis:

MACD shows a slight bearish divergence, indicating a potential pullback. However, if price holds above $23.00, it could attract buyers aiming for higher targets. Monitor volume for confirmation.

Strategy Advice: Manage your risks by adjusting stop-loss levels as targets are reached. Partial profit-taking is recommended near key resistance zones.

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