LINK/USDT – Long Setup Alert
Chainlink (LINK) is showing bullish momentum, presenting a potential long opportunity as it holds strong support and eyes key resistance zones.
Technical Analysis: LINK is currently consolidating after a healthy retracement and is showing signs of accumulation in the $16.80–$16.95 range. A breakout from this zone could trigger a strong upward move toward major resistance levels.
Entry Zone:
$16.80 – $16.95
Targets:
1. $17.028 – Minor resistance / TP1
2. $17.493 – Short-term breakout zone / TP2
3. $21.382 – Mid-term target
4. $28.629 – Long-term bullish target
Stop Loss:
$15.20 – Below key support and invalidation of bullish structure.
Risk Management:
Leverage: 10x–40x (based on individual risk appetite)
Position Size: 5% of your wallet (strict risk management advised)
Note: Monitor volume and market sentiment around key levels. Confirm breakout above $17.50 with strong volume for continuation toward higher targets.
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