$LINK /USDT – Strong Bull Breakout, 14% Up
🔹 Current Price: $24.60 (+13.94%)
🔹 24h High: $24.83
🔹 24h Low: $21.56
🔹 24h Volume: 8.10M LINK (≈ $190M)
📊 Technical Overview
Trend: The market is very strongly bullish as the price has recovered from $21.56 to make a high of nearly $25.
MA60: $24.64 → The price is close to it, meaning the market is not overextended but still stable.
RSI: Near overbought zone, but with bulls' pressure, further upside is open.
MACD: Showing positive momentum → Higher likelihood of the upside remaining.
🔎 Key Levels
Support: $24.00 – $23.50 – $22.50
Resistance: $24.80 (24h high) → After that $25.50 and $26.20
📌 Potential Trade Plan
Entry Zone (on dip): $24.20 – $24.50
Stop Loss: $23.50
Target 1: $24.80 (High Retest)
Target 2: $25.50
Target 3: $26.20 (Extended Breakout)
Risk-Reward: Approximately 1:2
🎯 Profit Potential
High (70–75%)
As long as the price is above $23.50, bulls are in full control.
If $23.50 breaks, the short-term breakout could weaken.