Technical Analysis – LINK/USDT (4H)
Current Price: $13.44 (+3.94%)
24h High: $13.45
24h Low: $12.87
Recent Low: $10.10 (strong support zone)
Trend: Recovering from a sharp downtrend, forming a V-shaped bottom
MACD: Bullish crossover, histogram rising
MAs:
MA(5) above MA(10) — signaling short-term bullish momentum
Price pushing into previous resistance zone near $13.50-$13.70
Intraday Trading Signal – Bullish Bias
Entry Point
1. Primary Entry: $13.40 - $13.45 (Current range, strong momentum)
2. Conservative Entry (on pullback): $13.20
If price retests former resistance now turned support
Stop-Loss Placement:
SL for Aggressive Entry: $13.10
SL for Pullback Entry: $12.85
Below 24h low and minor support, invalidates short-term bullish thesis
Take-Profit Target(s):
TP1: $13.80 – Minor resistance and psychological round level
TP2: $14.10 – Based on the previous consolidation and volume shelf
TP3 (Extended target): $14.50 - $14.80
If bullish momentum continues with volume
Risk-Reward Estimate:
Entry: $13.40 / SL: $13.10 / TP1: $13.80
Risk: $0.30 (2.2%)
Reward: $0.40 (3.0%)
RR Ratio: ~1.3 (TP1), ~2.3+ for extended targets
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Summary Signal – Intraday
> Buy LINK/USDT at $13.40 - $13.45
Stop-Loss: $13.10 (aggressive), $12.85 (safe)
Take-Profit Targets: $13.80, $14.10, $14.50
Bias: Bullish recovery, MACD supports upward continuation, but watch for rejection at $13.70+