$LINK
/USDT: Positive expectations for breaking the price of $29 🚀
The price of Chainlink has strongly rebounded from the support level of $24.00 and is stabilizing above $27.00. Buyers are gaining momentum, and a breakout above the price of $28.00-$29.00 could lead to a strong rise towards the $30.00 area and beyond.
Trading Setup (Buy):
Entry Area: $26.80-$27.20
Take Profit 1: $28.50
Take Profit 2: $29.50
Stop Loss: $25.80
Leverage: 10x
Risk: 2-3% of capital
Market Outlook:
The momentum remains bullish as long as the LINK price stays above $26.00. A clear breakout above the $29.00 level is likely to accelerate the rise towards $31-$32, while a rejection may lead to a retest of the support level at $25.00.
