🔹 $LINK LINK/USDT – Short-term Technical Trade (Swing Trade)
📈 Market Condition:
• Current Price: $19.39 (+15.42%)
• Overall Trend: Bullish after a strong bounce from support at $16.70
• MACD indicator is approaching a positive crossover (Potential Bullish Crossover)
• SAR indicator below the price ⇒ Continuation of upward momentum
• High trading volume 155M USDT ⇒ Confirmation of movement strength
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📌 Trading Plan:
• Entry Zone: between $19.20 – $19.50
• Stop Loss: $18.20 (below the last support to reduce risk)
• Targets:
1. 🎯 $21.00 – Previous and nearby resistance
2. 🎯 $23.50 – Major technical level
3. 🚀 $25.00 – Extended target if momentum continues
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📊 Trade Management:
• Recommended risk: 2% – 3% of capital
• Move stop loss to entry point upon reaching the first target
• Monitor indicators especially MACD and RSI to ensure not entering a strong overbought zone
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💡 Professional Note:
A clear breakout above $20.30 with strong trading volume will enhance the likelihood of reaching further targets quickly, while a break below $18.20 will negate the current bullish scenario.
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