TRADE SIGNAL ALERT: $LINK on the Verge of a Breakout! 🔥🚀🔥
$LINK is trading at $30.04, up +5.48%, showing strong recovery momentum after rebounding from its 24-hour low of $27.53. The price is currently testing resistance, indicating a potential for a major move.
💡 Long Trade Setup:
Entry Zone: $30.00 - $30.20
Take-Profit (TP) Levels:
TP1: $31.00
TP2: $32.50
TP3: $34.00
Stop-Loss (SL): $28.50
💡 Short Trade Setup (if rejected at resistance):
Entry Zone: $29.80 - $29.50
Take-Profit (TP) Levels:
TP1: $28.50
TP2: $27.50
TP3: $26.75
Stop-Loss (SL): $30.50
📈 Analysis:
$LINK has seen a significant bounce with higher volume, but faces resistance near $30.50. A successful breakout could lead to a bullish rally, while rejection at this level may trigger a short-term pullback.
⚠️ Risk Management Tip: Adjust your stop-loss dynamically as price action develops to minimize risks.