$LINK /USDT 4H Trade Setup
Market Insight:
$LINK surged nearly +10% with strong buying volume (USDT 120M), breaking above key resistance near $19.50. It briefly tapped $20.01 before pulling back slightly. Price is now above all key moving averages (MA 7, 25, 99), suggesting strong bullish momentum.
Entry Zone:
š¢ $19.30 ā $19.60 (ideal pullback/retest entry)
Targets:
šÆ Target 1: $20.30
šÆ Target 2: $21.00
šÆ Target 3: $22.40 (swing extension if momentum sustains)
Stop Loss:
š“ $18.40 (below recent support and MA25)
Key Levels:
Support: $18.82 / $18.17
Resistance: $20.01 / $21.00
Pivot Zone: $19.48 (MA7 and price mid-line)
Pro Tip:
If price holds above $19.48 (MA7) with increasing volume, consider adding on break and close above $20.01 for a momentum continuation play toward $21+. Be cautious if price falls below $18.80 with rising sell pressure.
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