🔗 $LINK /USDT – May 11, 2025 Market Update
🏷️ Category: Infrastructure
💰 Price: $16.60 (▲ 3.11%)
📈 24H High: $17.47 | 📉 24H Low: $16.03
🔄 24H Volume: 5.45M LINK | 💵 USDT Volume: $91.58M
📊 LINK Price Analysis & Key Levels
🔹 Resistance: $17.47 / $18.20
🔹 Support: $16.03 / $15.40
📉 Crypto Market Insights
🔸 Fibonacci Retracement (Low $16.03 – High $17.47):
38.2% – $16.89
61.8% – $16.61
Pivot – $16.75
🔸 ATR (14D): ±$0.84
📉 Expected Swing Range: $15.76 – $17.44
🚀 Bullish Scenario
✅ If $16.89 is cleared with volume, price may target $18.20
✅ Bounces above $16.03 suggest accumulation
⚠️ Bearish Scenario
❌ Rejection at $17.47 could trigger fallback to $15.40
❌ Consolidation under $16.60 may delay bullish momentum
🎯 Trading Strategy – Bullish Bias
🛍️ Spot Trading
Buy Zone: $16.00 – $16.45
Targets: $17.20 / $18.20
Stop-Loss: $15.35
📉 Futures Trading
Long Setup:
Entry: $16.45
Target: $17.30 / $18.10
Stop-Loss: $15.90
Short Setup:
Entry: $17.45 – $17.60
Target: $16.60 / $15.90
Stop-Loss: $18.30
🛡️ Risk Management & Alerts
Support at $16.03 is the primary cushion; breaking below it may signal short setups
Use trailing stop near resistance zones
💡 Unique Insight – VWAP Signal:
LINK trades just above VWAP (~$16.50), hinting bullish bias but needs strong follow-through to sustain
📌 Summary:
LINK is testing upper resistance levels. A breakout above $17.47 could lead to a rally, while failure may cause a retest of $16.00 or lower.
❓Closing Question:
Will LINK sustain above VWAP and challenge $18+, or is this just another short-term pump before correction?
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