Current Price: $14.90
Trade Signal (Swing Setup):
โ Long Entry (Buy):
Above: $15.60 (Confirmation breakout level)
๐ฏ Targets:
Target 1: $16.80
Target 2: $17.50
Target 3: $18.00
๐ก๏ธ Stop-Loss:
Below $14.40 (just below the recent range low)
๐ LINK/USDT Technical Analysis โ April 30, 2025
ChainLink (LINK) is currently trading near $14.90, testing a crucial resistance zone between $15.50โ$16.30. A breakout above this zone could send LINK towards the next major resistance near $17.80โ$18.50.
โ Support Zone: $13.20โ$12.50
โ Resistance Zone: $15.50โ$16.30 and $17.80โ$18.50
๐ Bias: Bullish above $15.30, Bearish below $13.20
๐ Trade Idea:
If LINK sustains above $15.30 with strong volume, a long entry could be considered with targets at $16.30 and $17.80. A rejection from the resistance zone may lead to a pullback toward $13.50 support.
