$LINK /USDT BULLISH BREAKOUT EXPECTED ABOVE CONSOLIDATION RANGE
$LINK/USDT is showing strength after rebounding from the 16.24 support zone with increasing bullish momentum. The price is forming a strong base with higher lows and pressing against the upper resistance near 16.91. MACD is flattening at the zero line, indicating an upcoming bullish crossover, while volume confirms growing buyer interest.
A breakout above the 16.91 resistance could trigger a strong upside move, supported by rising EMA alignment and bullish structure on the 1H and 4H charts.
LONG ENTRY: Above 16.91
TP1: 17.40
TP2: 17.95
SL: 16.40
Risk Management: Use strict stop-loss and limit risk to 1-2% per trade. Avoid overleveraging and confirm breakout with volume surge before entry.
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