$LINK USDT CONSOLIDATION

ChainLink is currently moving sideways, forming a clear consolidation zone between strong support at 23.20 and resistance at 24.00. This range-bound action reflects market indecision, and traders should wait for a confirmed breakout before entering positions.

Trade Setup:

Buy near support: 23.20 → TP 23.80

Sell near resistance: 24.00 → TP 23.60

Stop Loss: Just outside the consolidation range

Risk Management:

Use small trade sizes, risking 1-2% of your capital per trade, and avoid chasing moves without confirmation.

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