Technical Analysis (LINK/USDT – Daily Chart)
Current Price: $14.90
Trading Signal (Swing Setup):
✅ Long Entry (Buy):
Above: $15.60 (Breakout Confirmation Level)
🎯 Targets:
Target 1: $16.80
Target 2: $17.50
Target 3: $18.00
🛡️ Stop Loss:
Below $14.40 (Just below the recent low range)
📈 Technical Analysis for LINK/USDT – April 30, 2025
Chainlink ($LINK ) is currently trading near $14.90, testing a critical resistance area between $15.50–$16.30. A breakout above this area could push LINK towards the next major resistance near $17.80–$18.50.
✅ Support Area: $13.20–$12.50
❌ Resistance Area: $15.50–$16.30 and $17.80–$18.50
📊 Trend: Bullish above $15.30, Bearish below $13.20
📌 Trading Idea:
If LINK can stay above $15.30 with strong trading volume, a long entry can be considered with targets at $16.30 and $17.80. A rejection from the resistance area
could lead to a pullback towards support at $13.50.
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