$LINK /USDT BULLISH BREAKOUT IN SIGHT | TECHNICAL ANALYSIS
Current Price: $15.23 Timeframe Analyzed: 4H
24H Range: High $15.88 | Low $15.01
KEY LEVELS TO WATCH:
Immediate Resistance: $15.80
Breakout Zone: $15.90–16.00
Current Price: $15.23
Immediate Support: $15.00
Major Support Zone: $14.60–14.80
Price is consolidating just below a key resistance zone with strong support holding. A move above $15.90 could trigger a bullish continuation targeting new local highs. Buyers are stepping in near $15.00, creating a solid base.
TRADE SETUP – LONG IDEA
Entry: $15.25–15.40 (confirmation above $15.30)
Targets:
TP1: $15.90
TP2: $16.50
TP3: $17.20
Stop Loss: $14.85 (below support)
Invalidation: Breakdown below $14.80
RISK MANAGEMENT
Rsk 1-2% max per position. Use a hard stop, and adjust size according to risk/reward. Let the trend work for you, not against you!
Trend: Bullish Bias
Watch for volume spike at breakout levels!
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