#LINK
š LINK/USDT Trade Signal š
š¹ Position: Long
š¹ Entry Zone: $16.50 - $16.80
š¹ Stop Loss: $15.90
š¹ Target 1: $17.80 (65% Probability)
š¹ Target 2: $18.50 (50% Probability)
š¹ Target 3: $19.20 (35% Probability)
š¹ Stop Loss Probability: 30%
š Trade Setup Analysis:
LINK/USDT has surged over 17%, breaking a key resistance level.
EMA Structure: Price is trading well above the 7-day and 25-day moving averages, confirming strong bullish momentum.
Volume Surge: A significant volume increase supports the bullish continuation.
Momentum Indicators: RSI at 91, indicating strong momentum but also nearing overbought conditions.
ā ļø Key Risks & Considerations:
A possible retracement to $16.50 - $16.80 before further upside.
A break below $15.90 could invalidate the bullish setup.
Resistance at $17.80 may cause temporary consolidation.
šø THIS IS MY ANALYSIS šø
š Please do your own research, and if it aligns with your strategy, then consider taking the trade.
