$LINK /USDT ā Strong Mid-Cap Accumulation Near Trend Pivot š
A substantial trade of $3.21K at $16.881 has been executed, indicating active accumulation just below a key resistance level.
$LINK appears to be forming a bullish base, potentially preparing for a breakout if upward momentum continues.
š Technical Summary:
Accumulation Price: $16.881
Order Size: $3.2104K
Immediate Resistance: $17.20 ā Local breakout barrier
Major Resistance: $18.00 ā Macro breakout level
Support Zone: $16.30 ā Recent consolidation base
š Trade Setup (Breakout Bias):
Entry Range: $16.75 ā $16.95
Stop Loss: $16.15
Profit Targets:
šÆ TP1: $17.25
šÆ TP2: $17.90
šÆ TP3: $18.60
š” Pro Tip: A confirmed breakout above $17.20 with expanding volume could initiate a sharp move toward the $18+ zone. Watch for RSI strength and MACD crossover to support the breakout thesis.
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