$LINK Attempting a Short-Term Bounce! 📈
$LINK is trading at 21.59 (+2.91%), recovering from the daily low of 20.88 after a recent dip. Buyers are showing interest around the 21.40 zone, aiming to push price back toward intraday resistance levels. A sustained break above 21.80 could open the path for further gains toward 22.20 and beyond.
Support and Resistance
• Resistance: 21.80 – 22.20 – 22.70
• Support: 21.40 – 21.00 – 20.88
Trade Setup
• Entry Zone: 21.45 – 21.60
• Stop Loss: 21.00
🎯 TP1: 21.80
🎯 TP2: 22.20
🎯 TP3: 22.70
Market Insights
$LINK is showing signs of a short-term recovery, with buyers defending key support levels. If momentum continues, the price could test the upper resistance range. Traders should monitor volume closely, as increased buying pressure may confirm a stronger bullish reversal.