$LINK

$LINK Trade Plan for LINK/USDT 📈

Current Price: $14.51
24h Change: -2.16%
Market Cap: $9.85B
24h Volume: $451.82M

✅ Entry Zone:

Buy within $14.40 – $14.50, assuming this range is near a support level after the recent 2.16% dip. This is a conservative entry to account for potential consolidation.

⛔ Stop Loss:

Set at $14.20 (below the entry zone, roughly 1.4% below the lower entry point to account for LINK’s volatility).

🎯 Profit Targets:

Target 1: $14.70 📍 (Move stop to breakeven)

Target 2: $14.90 🎯

Target 3: $15.20 🚀

📊 Risk/Reward Ratio:

3:1+ ⚖

Risk: $14.50 - $14.20 = $0.30

Reward (Target 2): $14.90 - $14.50 = $0.40 (R:R of ~1.3:1 at Target 2; higher if Target 3 is hit).

### Key Observations:

Bearish Short-Term Momentum: Price down -2.16% in 24h, indicating a correction or profit-taking after a potential prior uptrend.

Volume: $451.82M in 24h suggests moderate liquidity, lower than SUI’s $3.44B, which could mean choppier price action.

Market Cap: $9.85B indicates LINK is a mid-tier coin, with moderate volatility tied to its role in the oracle/DeFi space.

Price Context: $14.51 is a reasonable level for LINK (historically, LINK has seen resistance around $15–$20 in past cycles). A bounce above $14.70 could signal short-term bullish momentum.

🔄 Strategy:

Trail stop above the entry price after Target 1 is hit to lock in profits.

Watch for rejection at psychological resistance around $14.90–$15.00.

If momentum weakens (e.g., price fails to break $14.70), consider an early exit at a 2:1 R:R.