📈 LINK/USDT – 4H Buy Signal (High-Risk Reversal Play)

Current Price: $16.293

Change: +1.44%

Volume (Recent 4H): 756.27K

✅ Bullish Signal – Reversal Setup in Development

🔹 Technical Pattern:

After a parabolic rally, LINK has pulled back into a support consolidation zone around $16.00–$16.20.

A doji candle followed by a small green body suggests seller exhaustion.

Volume has declined on the pullback, which indicates a healthy correction rather than a trend reversal.

📊 Trade Setup (Long Position)

🔸 Long Entry Zone: $16.20 – $16.35

🔸 Target 1 (TP1): $17.00

🔸 Target 2 (TP2): $17.80

🔸 Stop Loss:

🔸Below $15.80 (recent wick low)

📌 Supporting Signals

Strong previous impulse starting May 7–9 suggests potential continuation leg.

Buyers consistently stepped in above $16.00 (psychological level).

Bullish momentum may return if BTC stabilizes (as correlation is significant).

📅 Risk Management Tip

Wait for confirmation with a candle close above $16.35 with above-average volume before entry to reduce false breakout risk.#Altcoins👀🚀 #LINKLONG #cryptocurreny