$LINK /USDT – Breakout or Fakeout?

Key Levels:

Current Price: $15.96

24h High: $16.00

24h Low: $13.08

Resistance Levels: $16.00, $16.50

Support Levels: $15.50, $15.00

Trade Setup:

Entry: $15.80–$16.00 (Breakout zone)

Target 1: $16.50 (+3.3%)

Target 2: $17.00 (+6.5%)

Stop Loss: $15.40 (-3.5%)

Market Insights:

LINK is trading at its 24h high of $16.00, signaling strong momentum.

A confirmed breakout above $16.00 could send it toward $17.00 in the short term.

If rejected at $16.00, a pullback to $15.50 is likely before further upside.

Pro Tip:

Wait for a 15m or 1h close above $16.00 for confirmation.

If volume weakens, take partial profits and re-enter near support.

✅ Verdict: Bullish Bias – Eyes on $16.00 breakout or retest of $15.50 before continuation.

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