🚀 $LINK /USDT – Bulls in Control, Breakout Brewing! 🔥
After an explosive climb from 16.72, $LINK is showing solid strength, now hovering just below its recent high of 19.21. Buyers are still active, and the tight consolidation near resistance signals potential for another bullish leg if momentum sustains.
📊 Trade Setup (Long Position):
• Entry Zone: 18.95 – 19.15(wait for a dip or consolidation entry)
• Stop Loss (SL): Below 18.60
• Target 1 (TP1): 19.40
• Target 2 (TP2): 19.70
📉 Support & Resistance Levels:
• Resistance: 19.20
• Support: 18.70
📈 Technical View:
Price action remains bullish with strong structure and rising volume. Consolidation under resistance is healthy, hinting at accumulation. A decisive move above 19.20 may unlock the next rally zone.
🛡 Risk Guidance:
Stick to your plan—don’t chase the price. Use proper position sizing with risk capped at 2% per trade, and always respect your SL to stay in control.
🔄 Strategy Breakdown:
This setup follows a bullish continuation pattern after breakout and consolidation. Entry on slight retracement gives a better edge with attractive risk-reward dynamics.
📢 More Trade Setups Coming:
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