$LINK USDT – REVERSAL IN PLAY AFTER HIGHER LOWS FORM
EMA CROSSOVER CONFIRMED ON HOURLY
PRICE REBOUNDS STRONGLY FROM 17.32 SUPPORT
$LINK USDT has bounced off the key support at 17.32 and is now trading at 18.12, reclaiming all major EMAs (7, 25, 99) on the 1H chart. The bullish crossover of EMA(7) above EMA(25) and EMA(99) confirms momentum shift in favor of buyers.
A clean close above 18.20 could open the door for a rally toward 18.68 and beyond.
Long Trade Setup
Entry: 18.05 – 18.20
Stop Loss: Below 17.70
Target 1: 18.68
Target 2: 19.17
Target 3: 19.50
Momentum favors bulls, but watch for a sustained move above 18.34 (24h high) with volume to confirm breakout. Ideal for short-term continuation trade.
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