📉$LINK LINK/USDT Alert 🚨: Bears in Control!
Current Price: $28.21 (-4.31%)
🔼 24h High: $30.85 | 🔽 24h Low: $27.85
📊 Volume:
LINK: 11.28M
USDT: 332.47M
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📊 Market Insights
LINK faced a sharp rejection at $30.85, with selling pressure driving it down to the $27.85 support zone. Price now hovers near $28.20, signaling potential consolidation or further downside.
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🔍 Key Levels to Watch
Immediate Support: $27.85 – A critical level where bulls must defend to avoid further drops.
Resistance: $29.90 – Recovery above this could spark bullish momentum.
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🚀 Trading Strategy
1️⃣ Short-Term: Look for a bounce around $27.85 support with cautious entries.
2️⃣ Breakout Watch: Monitor price movement towards $29.90 for bullish confirmation.
3️⃣ Risk Management: Use stop-losses to manage volatility in case of further breakdowns.
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📈 Will LINK rebound above $30, or is there more downside ahead? Drop your analysis below! 🔥