$LINK
๐จ LINK/USDT Market Analysis โ What's Next? ๐จ
The 15-min chart of LINK/USDT shows a steady downtrend after peaking near $26.00, indicating strong selling pressure at this resistance level. Currently trading at $24.86, LINK is approaching a potential support zone around $24.50. This level has previously acted as a safety net, making it crucial for bulls to defend.
๐ก Key Levels to Watch:
Resistance: $26.00 โ If LINK breaks above, it could pave the way for fresh highs.
Support: $24.50 โ A break below this may lead to further downside, targeting $24.00.
๐ฏ Entry Strategy:
Bullish Setup: Enter near $24.50 if strong buying volume appears, targeting $25.50-$26.00.
Bearish Setup: Enter short if price breaks below $24.50 with volume, targeting $24.00 or lower.
๐ Pro Tip: Use tight stop-losses to manage risk โ below $24.40 for long trades and above $25.00 for short positions.
The market is at a tipping pointโwill the bulls reclaim control, or will the bears push it further down? Stay sharp and trade wisely! ๐
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