$LINK /USDT – BULLISH MOMENTUM BUILDING
Current Price: $15.99
Chainlink (LINK) is gaining strength after reclaiming the $15.50 support zone. A strong uptrend is forming with increasing volume, signaling potential continuation upward.
KEY LEVELS
Resistance (R1): $16.30
Resistance (R2): $16.80
Support (S1): $15.50
Support (S2): $15.00
Price is currently hovering just below $16.30. A confirmed breakout above this resistance could open the door to further gains.
TRADE SETUP – LONG POSITION
Entry: On breakout and close above $16.30
TP1: $16.80
TP2: $17.50
SL: $15.50 (below key support)
RISK MANAGEMENT
Risk 1-2% of capital per trade. Wait for confirmation on breakout to avoid fakeouts. Use trailing stop once in profit to lock gains.
LINK is showing solid bullish signs – breakout traders should be watching closely!
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