LINK /USDT.
๐ง LINK/USDT โ Intraday Trade Setup
Exchange: Binance
Current Price: $16.46
24h Change: -2.02%
24h Range: Low: $15.78 โ High: $17.16
24h Volume:
LINK: 6.10M
USDT: 101.20M
๐ Technical Snapshot
MA60: $16.36 โ Price just above it = neutral-to-bullish bias
MA(5): 4,581 > MA(10): 3,249 โ rising momentum
Current Volume: 2.1K (moderate activity)
Support Zone: $16.25 โ $16.30
Resistance Zone: $16.70 โ $17.00
๐ฉ Bullish Reversal Setup
Entry Zone: $16.30 โ $16.36 (bounce off MA60)
Stop Loss: $16.12
TP1: $16.74
TP2: $17.10 (near 24h high)
TP3: $17.55 (aggressive extension)
Rationale: Rebound off MA60 with positive MA(5) momentum supports upside reattempt
๐ฅ Bearish Continuation Play
Entry Zone: $16.60 โ $16.70 (fakeout or rejection)
Stop Loss: $17.00
TP1: $16.20
TP2: $15.80
Rationale: Lower high forming; price failing near resistance with lighter volume
๐ Notes:
$16.25โ$16.30 is a key intraday demand zone.
Bearish momentum remains soft; trade the bounce or wait for breakdown confirmation.
If BTC turns down, expect LINK to test $15.80 again.