$LINK /USDT ā POSSIBLE PULLBACK AFTER +9% SPIKE š
LINK rallied sharply from $20.84 to $24.20 but faced rejection at the high, showing signs of short-term exhaustion. If the price fails to reclaim $23.80ā$24.00 quickly, a corrective move may follow.
Trade Setup (Short):
Entry Zone: $23.50 ā $23.75
Take Profit 1: $23.00
Take Profit 2: $22.50
Take Profit 3: $21.90
Stop Loss: $24.25
Market Outlook:
Despite the strong uptrend on higher timeframes, the short-term move is extended, making a retracement toward the $22.50ā$22.00 range likely before another push higher.