$LINK Here's a concise technical breakdown of your $LINK / USDT trade setup:
📈 $LINK / USDT – Bullish Reversal Signal Emerging
Market Summary:
Current Price: ~$18.40
1H Chart: Bullish engulfing candle formed off the $17.87 local support.
Volume: Picking up slightly, signaling potential shift in short-term momentum.
🛠️ Trade Setup
Entry Zone: $18.30 – $18.45
Stop Loss: $17.75 (below previous swing low for protection)
Take-Profit Targets:
🎯 TP1: $18.80 (minor resistance zone)
🎯 TP2: $19.20 (prior high)
🎯 TP3: $19.70 (strong daily resistance)
✅ Confirmation Checklist
🔍 Look for 1H candle close above $18.50
📊 Confirm with rising volume (above average 20-bar volume preferred)
🔄 Price maintaining higher lows on lower timeframes (15M / 30M)
⚠️ Risk Notes
If BTC or market sentiment weakens further, LINK might retest the $17.87 support or lower.
Only scale in after volume and close confirmation; avoid chasing.
Would you like a live chart markup or RSI/volume analysis to go with this setup?