$LINK /USDT BULLISH BREAKOUT IMMINENT :
Key Levels:
- Current Price: $20.20
- Resistance Levels: $20.32, $21.60
- Support Levels: $19.74, $18.22
Trade Setup:
- Long Entry: $20.20
- Target Price (TP): $21.60
- Stop Loss (SL): $19.74
Market Outlook:
The $LINK/USDT pair is showing a strong bullish momentum with a recent breakout above the $20.20 level. The price is currently testing the resistance at $20.32. A successful break above this level could propel the price towards the next resistance at $21.60. On the downside, the support at $19.74 is crucial to maintain the bullish outlook.
Risk Management:
Always use a stop loss to manage risk. For this trade, the stop loss is set at $19.74 to limit potential losses.
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