$LINK
Bullish reversal for the $LINK/USDT pair - momentum shifts in favor of the bulls!
The pair $LINK has officially transitioned from its previous resistance level near $14.60 to a strong support level, and is now accelerating upwards, currently trading at $14.83. The sharp rebound from the $14.00 area has created a classic V-shaped reversal pattern, with strong bullish candles breaking through key levels, indicating a continuation of the trend towards $15.27.
Trading Setup (Long):
Entry Zone: $14.75 - $14.85
Take Profit: $15.27
Stop Loss: $14.54
This bullish reversal represents a high-probability long setup, supported by structural recovery and strong price momentum. The price is stabilizing above several broken resistance areas, now forming strong support levels.
Market Outlook: If the LINK share maintains its price above $14.60, we may see a continuation towards the $15.50 level or higher in the upcoming sessions. Traders should monitor any increase in trading volume as an indicator of confirmation for the breakout.
Order: "The trend has reversed - follow the momentum of the LINK share and head towards the next resistance level!"