$LINK /USDT: Is a Bullish Breakout Imminent? Key Level to Watch: $29.89
Current Price: $30.09 (+7.12%)
$LINK/USDT is gaining traction, rebounding strongly from the critical support at $29.50. The pair faces immediate resistance at $30.10, and a breakout above this level could push prices to $30.30, with the potential to reach $30.50, presenting an opportunity for short-term traders to capitalize on quick gains.
However, failure to maintain momentum and a dip below $29.50 could flip the setup bearish, making the $29.40 stop-loss level essential for risk management. With tight margins between the support, resistance, and target levels, this setup offers traders precision and an opportunity to ride the current market momentum.
Stay alert as #LINK approaches these key thresholds!
