🔥 LINK currency between the greed of the breakout and the fear of the trap! 😱💰
📊 On the 4-hour timeframe, a clear ascending triangle is visible:
⚡️Ascending supports: 23.3–22.7
⚡️Fierce resistance: 24.7–24.9
🚀 In case of a breakout and closing above $25:
Targets 📈: 26.2 → 27.5–28.0 and maybe $29!
⚠️ But… breaking the support at 21.8 may cancel the bullish scenario and bring LINK back to $20.
✨ Indicators:
💧Price indicator above EMA 7/25/99 ✅
💧RSI indicator retreated from overbought without breaking supports → Strong accumulation signal.
🎯 Technical recommendation:
Watch closely the area between 24.9–25.0… it is the dividing line between a historic breakout or a bull trap!
👉 In your opinion, will we witness a breakout towards $28… or a shocking reversal that shakes the market?