$LINK /USDT data from TradingView. here's a swing trade setup:
LINK/USDT Overview
Current Price: ~$16.11
High of the day: $16.50
Low of the day: $10.51
Date: May 9, 2025
Chart timeframe: 4H (240 min)
Key Price Levels
Resistance:
$17.00 – Short-term resistance
$18.00 – Prior local high / psychological level
$20.00 – Strong resistance, potential breakout zone
Support:
$15.00 – Immediate support
$14.09 – Prior price memory zone
$13.00 – Previous consolidation support
$10.50 – Key swing low / invalidation level
Trade Setup (Swing Long Bias)
Entry #1 (Breakout Play):
Trigger: Break and close above $17.00
Stop Loss: Below $15.00
TP1: $18.00
TP2: $20.00
TP3: $22.50+
Entry #2 (Pullback Buy):
Buy Zone: $14.50–$15.00
Stop Loss: Below $13.80
TP1: $16.00
TP2: $17.00
TP3: $18.00+
Technical Confirmation to Monitor
4H RSI: Bullish above 50
MACD: Watch for bullish crossover
Volume: Increasing on breakouts confirms strength
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