$LINK /USDT 1D Chart Analysis (Updated – May 19, 2025)
The updated chart shows a clear falling wedge breakout, a bullish pattern, followed by a successful retest around the 50 EMA (14.95). The structure is still intact despite today’s dip.
✅Entry Zone:
Current Price: ~$15.03
EMA Support: ~14.97 (acting as a support and confluence zone)
🎯Targets (TP):
TP1: $18.13
TP2: $22.12
TP3: $26.38
TP4 (final): $30.96
❌ Stop-Loss (SL):
SL Level: $13.91
(Below wedge support and 50 EMA — invalidates bullish breakout)
📈Trend Summary:
✅Falling wedge breakout confirmed
✅50 EMA flipped to support
📉Healthy pullback after impulse – retest in progress
🧭Bias: Bullish above $14.51
(Break of $13.92 would turn trend cautious/invalidated)