$LINK /USDT BULLISH REVERSAL SETUP
TECHNICAL ANALYSIS
$LINK /USDT has shown a strong recovery from the 11.61 support zone, forming a clean bullish reaction on the 15m timeframe. After the sharp decline, price tapped a key demand level and immediately printed a strong reversal candle, indicating renewed buying interest.
The current structure shows the first shift in momentum, with buyers stepping in aggressively and attempting to reclaim the mid-range zone. If price holds above the reclaimed support, continuation toward the previous swing levels becomes highly probable. A break and hold above the minor resistance will strengthen bullish momentum further.
LONG ENTRY ZONE
12.00 – 12.10
TARGETS
TP1: 12.28
TP2: 12.42
TP3: 12.58
STOP LOSS
SL: 11.87
RISK MANAGEMENT
Use moderate position sizing, keep SL below the reversal zone, and secure profits progressively as each target is reached.
#technicalanalysis #bullishsetup #marketstructure #priceaction #cryptotrading $LINK
