$LINK /USDT – 4H Trade Setup

Market Insight:

$LINK is currently under mild bearish pressure, dropping -3.51% in the last 24h. Price is consolidating near the 4H support zone after rejecting from the $16.80 resistance level. Volume has increased slightly during the drop, suggesting seller dominance in the short term.

Entry Zone:

$15.60 – $15.95

(Wait for a bullish candle confirmation or reclaim of $15.95 for higher probability.)

Targets:

Target 1: $16.40

Target 2: $16.80

Target 3: $17.20

Stop Loss:

$15.30

(Below the recent 4H wick low to allow for volatility.)

Key Levels:

Support: $15.60 / $15.30

Resistance: $16.40 / $16.80 / $17.20

Pivot: $15.95

Pro Tip:

If LINK fails to hold $15.60 on a 4H closing basis, avoid long entries and wait for potential support retest around $15.30 or lower. Breakout above $16.80 with volume could indicate a trend reversal to $17.50+.

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