$LINK 🚀 BULLISH MOMENTUM 🚀
📊 Technical Analysis
Key Levels
Support: $14.90 (recent bounce zone), $14.40 (major structural support)
Resistance: $15.75 (short-term resistance), $16.20 (strong resistance zone)
Indicators:
RSI: ~54 — neutral, with upside potential
MACD: Slightly bullish, with histogram narrowing
EMA: Price holding above 20EMA; nearing 50EMA confluence near $15.70
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🧭 Short-Term Trading Strategy
🟢 Bullish Bias (Breakout Play)
Entry: $15.25–$15.40 (on minor pullback or consolidation)
TP1: $15.75
TP2: $16.20
Stop-Loss: $14.88
Setup Logic: Buying on breakout confirmation above $15.40 or strong candle close above 20EMA with increasing volume.
🔴 Bearish Rejection Scenario (Fade Resistance)
Entry: $15.75–$16.00 (if price stalls on low volume)
Target: $15.10
Stop-Loss: $16.25
Setup Logic: Short-term fade if LINK fails to break above resistance after testing EMA zone.
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🧠 Market Sentiment
Moderately bullish: Strong demand at lower levels, and renewed optimism across DeFi protocols is drawing investor attention to LINK.
📌 Disclaimer
This analysis is for educational purposes only and should not be considered investment advice. Cryptocurrency markets are highly volatile, and you should always conduct your own research (DYOR) and consult a licensed financial advisor before trading or investing. Use proper risk management at all times.