$LINK RESISTANCE – WILL BULLS PUSH THROUGH $16.75?
LINK/USDT is trading at $16.46, holding a solid +5.24% gain today. After hitting a session high of $16.75, the price pulled back but remains above key support. Volume sits at 1.90K, and bulls are attempting to reclaim short-term control.
Key Levels to Watch
• Resistance: $16.75 – A breakout above this level may fuel a rally toward $17.10 and $17.45.
• Support: $16.42 – A drop below this could lead to downside toward $16.10 and $15.85.
Trade Setup – Tight Range, Big Break Likely
Bullish Entry: A confirmed 15-min close above $16.75 could target:
• TP1: $17.10
• TP2: $17.45
Bearish Entry: A break below $16.42 could trigger:
• TP1: $16.10
• TP2: $15.85
Stop-Loss:
• Longs: Below $16.40
• Shorts: Above $16.78