Token : $LINK
Chainlink ($LINK) has broken out of its medium-to-long-term falling trend, signaling a potential shift in momentum and a slowdown in the previous downward pressure. A bullish breakout above the $14.89 resistance confirms an inverse head and shoulders pattern, a strong reversal signal suggesting further upside. With this breakout, LINK now eyes a potential move toward $21.33 or higher. Key support sits at $12.70, providing a solid base, while the next resistance lies around $19.50. This technical setup indicates growing bullish strength and sets the stage for a continued rally if current momentum holds.
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USDT Dominance (USDT.D) is currently moving within a short-term falling trend channel, suggesting a gradual shift away from stablecoins and potential risk-on sentiment returning to the crypto market. As capital rotates out of USDT, it often signals renewed interest in altcoins and Bitcoin, increasing the probability of a broader market upswing. This environment supports a more bullish bias, making long trade setups more favorable than shorts. Traders should monitor this trend closely, as continued weakness in USDT dominance may further fuel momentum across the crypto space, offering attractive entry points for bullish positions.
Trade setup :
$LINK has broken out above $14.89, confirming an inverse head and shoulders. Entry on retest near $15–$15.30 with a stop-loss below $12.70. First target: $19.50, second target: $21.33. Bullish structure supports a swing trade setup with solid risk-reward.
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