Chainlink (LINK) has shown promising bullish momentum.
$LINK/USDT – Next Move Incoming?
📊 Current Price: $19.57 (+4.76%)
🔥 Key Levels:
Support: $19.00 – Strong buying interest
Resistance: $20.00 – Crucial breakout level
📈 Long Setup (Bullish Trade):
Entry: $19.30 - $19.50 (On a slight pullback)
Take Profit Targets:
TP1: $19.80
TP2: $20.00
TP3: $20.30
Stop Loss: Below $19.00
📉 Short Setup (Bearish Trade):
Entry: $19.80 - $20.00 (If resistance holds)
Take Profit Targets:
TP1: $19.50
TP2: $19.20
TP3: $19.00
Stop Loss: Above $20.10
📊 Market Insight: LINK has demonstrated strong bullish momentum, approaching the key resistance at $20.00. A breakout above this level could trigger further gains, while a rejection may lead to a short-term pullback.
💡 Pro Tip: Monitor trading volumes closely near $20.00—strong buying pressure could confirm a breakout!