📊 $LINK /USDT

Market Update 23 February 2025

Current Price: $17.80 (+3.19%) 📈

24H High: $18.03

24H Low: $17.25

24H Volume (LINK): 2.22M LINK

24H Volume (USDT): $39.15M

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📈 LINK Price Analysis & Key Levels

📌 LINK has shown a positive move with a 3.19% increase, approaching resistance at $18.03.

📌 Key levels: Support at $17.25 and resistance at $18.03.

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🟢 Bullish Scenario:

✅ Breakout above $18.03 could signal more upward movement, possibly reaching $18.50 🚀.

✅ Strong volume suggests continued buyer interest 💪.

🔴 Bearish Scenario:

⚠️ If LINK fails to break $18.03, it may retrace back to $17.25 support ⚠️.

⚠️ A drop below $17.25 may signal a bearish trend 📉.

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📈 Trading Strategy: Breakout or Pullback?

🚀 Spot Trading (Short-Term Profits)

Buy Zone: $17.25 - $17.50 (on dips) 📉

Target Prices:

TP1: $18.03 🏆

TP2: $18.50 💥

TP3: $19.00 🌟

Stop Loss: $17.00 ⚠️

⚡ Futures Trading (High Risk, High Reward)

📉 Short Setup (If LINK Fails to Break $18.03)

Entry: $17.80 - $17.90

Take Profit Targets:

TP1: $17.25

TP2: $17.00

TP3: $16.80

Stop Loss: $18.05 🚫

📈 Long Setup (If LINK Breaks Above $18.03)

Entry: $18.03 - $18.10

Take Profit Targets:

TP1: $18.50

TP2: $19.00

TP3: $19.50

Stop Loss: $17.50 ⚠️

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⚠️ Risk Management:

✅ Use stop-loss orders to limit potential losses 💼.

✅ Monitor price action closely around $17.25 support and $18.03 resistance 🔍.

✅ Avoid overleveraging, especially in uncertain market conditions ⚠️.

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