🚨 $LINK /USDT: SHARP DROPPING – WILL IT GO FURTHER? 🚨
💰 Trading Signal: $LINK is falling, now at $17.50! The coin has lost 4.79% in the last 24 hours, falling to a critical support zone after failing to sustain gains above $19.00.
📊 Market Overview:
LINK/USDT peaked at $19.06 before suffering a strong rejection, leading to a quick sell-off towards its 24-hour low of $17.50. Major support at $17.40 is being tested, and if it fails, $16.80 and $16.50 could be the next downside targets. For bulls to regain control, LINK must break above $18.20 and $18.60 to attempt another push towards $19.00 and beyond.
🔥 Key Levels to Watch:
🔻 Support: $17.40 → Breakout = $16.80 | $16.50
🔺 Resistance: $18.20 → Breakout = $18.60 | $19.00
📉/📈 Trade Setup:
💡 Entry: $17.50 (High Risk)
🎯 Upside Targets: $18.20 | $18.60 | $19.00
🎯 Downside Targets: $17.40 | $16.80 | $16.50
🛑 Stop Loss: $17.20
⚠️ Quick Tips:
🔍 Breaking below $17.40 could accelerate losses to $16.50
📉 Failure to reclaim $18.20 signals continued weakness
💰 Monitor BTC and market trends for potential recovery
#LINK #Crypto #Breakdown #BearishTrend #Write2Earn!
LINK is at a critical juncture! If it loses $17.40, expect further decline. But a strong recovery could push it back to $19.00 🚀
Final thoughts:
Do your own research on the market before making any purchase, it is a very volatile and unpredictable market. This is not financial advice.
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