LINK/USDT (4H Timeframe) - Trading Analysis
Current Price: $14.97 (+0.53%)
Perpetual Price: $14.95 (+0.45%)
📈 Market Structure: Bullish
- Clear higher highs & higher lows confirm an uptrend.
- Price is consolidating near a key breakout zone.
⚡ Key Levels
- Support Zone: $13.70 – $14.00 (previous consolidation area).
- Immediate Resistance: $15.94 (next target).
- Major Resistance: $17.52 (final target).
🎯 Trading Plan
Entry Strategies:
1. Aggressive Entry: Buy near $14.98 if price holds above **$15.00** with strong momentum.
2. Conservative Entry: Wait for a pullback to $14.50–14.70** (support retest for better risk-reward).
Take-Profit Targets:
- First TP: $15.94 (initial resistance).
- Final TP: $17.52 (major resistance).
🛑 Stop Loss:
- Below $13.90 (protecting against a breakdown below support).
💡 Sentiment:
- Bullish above $15.00, but patience for a pullback entry improves risk management.
- A strong breakout could accelerate toward $17.50+.
Let’s watch for confirmation! 🚀
*(Always manage risk & trade wisely.)*