Here’s a concise technical analysis and scalp trade plan for $LINK /USDT based on your data:

📉 LINK/USDT Snapshot

MetricValueCurrent Price$16.2324h Change-5.03%24h High/Low$17.21 / $15.85MA60 (1H?)$16.20VolumeModerate, $66.2M USDTTrendShort-term bearish; bounce attempt underway

🔍 Key Technical Zones

Level TypePrice RangeSupport Zone$15.85 – $16.00MA Confluence~$16.20 (MA60)Short-term Resistance$16.40 – $16.50Breakout ZoneAbove $16.60Bearish BreakdownBelow $15.80

⚙️ Scalp/Intraday Setups (15m–1h timeframe)

🟢 Support Bounce Long

Entry: $16.00 – $16.20 (MA60 zone)

TP1: $16.40

TP2: $16.60

SL: $15.85

🔴 Fade the Rejection

Entry: $16.45 – $16.60 (overhead resistance)

TP: $16.10

SL: $16.75

⚠️ Breakdown Short

Trigger: Candle close < $15.80

TP: $15.20

SL: $16.00

📌 Observations

MA60 is currently acting as a price magnet.

Breakdown risks increase below $15.85 (recent low).

A move above $16.60 could trigger short-covering toward $17.00.

Would you like this converted into a grid trading range or a watchlist layout for multiple tokens?

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