$LINK
🔍 Market Snapshot
Current Price: ~$16.43 (up ~2.1% in the last 24h)
Today’s Range: ~$16.09–$16.58
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📊 Technical Overview
Momentum & Moving Averages: LINK trades above its SMAs (5/10/20/50/100/200), showing a solid short‑term bullish bias .
Indicators: Strong Buy on Investing.com across 5 min to weekly timeframes; RSI ~63, MACD positive, ADX ~49—no signs of overextension yet .
Chart Pattern: Possibly exiting a descending triangle—momentum is firm, though some exhaustion signals have emerged .
Key Levels:
Support: ~$15.85 (recent breakout), then around $15.40–$15.60 .
Resistance: ~$16.55–16.60 (near intraday high), then next at $17.50, breakout target becomes $22 .
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🎯 Trade Setups
🟢 Bullish Continuation
Entry: Buy above $16.60 on a confirmed hourly close
Take Profits:
TP1: $17.50
TP2: $19.00–$22.00 if momentum holds
Stop‑Loss: Below $16.00 (below today's low)
🔻 Pullback / Dip-Buy
Entry: Buy retracement near $15.85–$16.00 support
Take Profits: $16.60 → $17.50
Stop‑Loss: Below $15.60