$LINK is trading at $24.38, marking a 6.83% decline in the last 24 hours. The day’s price range has been $24.28 – $26.17, reflecting moderate volatility.
Trade Setup
After a strong 12% daily rally that broke through major resistance, LINK is now consolidating near $24.38. If the price sustains above $24.00, a potential long entry could be considered with upside targets at:
TP1: $25.20
TP2: $26.00
TP3: $27.00
These targets align with recent momentum and technical indicators.
Stop-Loss Plan
To limit downside risk, a stop loss can be placed near $23.50, just under the key support zone. A dip below this level may confirm a bearish shift, signaling caution.
Risk Note
Crypto markets remain highly volatile, and LINK’s moves may track broader market sentiment. Active monitoring and flexible strategy adjustments are recommended.
