$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.
---
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.
#CryptoTrading #TradingSignals #LINKUSDT #USJoblessClaimsDrop #CryptoReboundStrategy