🔗 $LINK / USDT – Bullish Breakout Alert 🔗
💰 Position Size: $6,341.00
📍 Entry Price: $20.677
📊 Market Overview:
Chainlink has burst through a critical resistance barrier, propelled by solid buying momentum and increasing market participation.
The breakout is clean, with bulls consolidating above the trigger zone—a textbook setup for potential continuation toward higher targets.
📌 Key Levels:
Immediate Support: $20.40
Breakout Support Zone: $20.65 – $20.70 (now a strong floor)
Resistance 1: $21.20
Resistance 2: $21.85
Extended Target: $22.60
📈 Trade Setup:
Bias: Long (Bullish Continuation)
Entry: $20.677 (breakout confirmed)
Stop Loss: $20.38 (below breakout floor)
Take-Profit Targets:
1️⃣ $21.20 – First bullish checkpoint
2️⃣ $21.85 – Key resistance ahead
3️⃣ $22.60 – Extended bullish objective
💡 Strategy Notes:
A retest and bounce from $20.65 could offer a prime add-on entry.
Trail your stop once the first target is hit to lock in gains while letting winners run.
A strong close above $21.85 with volume could accelerate the push toward $22.60.
📢 Market Sentiment:
Bulls are in control, and the breakout is supported by expanding volume and positive momentum signals.
As long as price holds above the breakout floor, $LINK remains poised for an upward drive into the next resistance zones.
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