$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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