🚀$LINK /USDT – Bullish Push Near 200 EMA Breakout🔐👇
Timeframe: 1H & 4H
Current Price: $13.63
Trend Bias: Bullish Momentum Building
🔍 Technical Overview:
🕐 1H Chart Analysis:📊
$LINK Price recently bounced off the $13.35–$13.38 dynamic EMA support cluster (20/50/100 EMAs).
Bullish engulfing candle printed, reclaiming $13.60 zone.
RSI at 62.86, suggesting strength without being overbought — healthy uptrend continuation likely.
All short-term EMAs are aligned bullishly with price above them.
⏳ 4H Chart Analysis:📊
$LINK is attempting to reclaim the 200 EMA (around $13.51) after consolidating below it for days.
RSI at 61.16, shows strong momentum shift after bouncing from sub-40 RSI levels.
Multiple higher lows formed, indicating bullish structure on the mid-term trend.
Key resistance ahead lies near $13.85–14.00, a rejection zone from previous sessions.
🎯 Trade Setup (Bullish Strategy):
Entry: $13.52–13.55
Targets: 🎯
TP1: $13.85
TP2: $14.10
TP3: $14.40 (only if 200 EMA holds and market continues trending)
Stop-Loss: $13.30 (below 100 EMA and structural support)
🧠 Pro Tip: Watch for bullish confirmation on 4H candle close above $13.70. A strong break above this may trigger a mini-squeeze toward $14+.
📊 Sentiment Insight:
Market sentiment is cautiously bullish. Many altcoins are attempting to break out of consolidation zones. ChainLink reclaiming the 200 EMA could trigger broader interest and momentum trades.
💬 “Patience is not about waiting; it’s the ability to keep a good attitude while working hard for your breakout.”
📌 This is not financial advice. Do your own research before entering any trade. Market conditions can change rapidly.
