Chainlink (LINK) | LONG
📍 Entry Zone: 11.700 - 11.850
🛑 Stop Loss: 11.450
🎯 TP1: 12.000
🎯 TP2: 12.250
🎯 TP3: 12.650
📊 Analysis: LINK is rebounding strongly from local lows, reclaiming the MA(25) while testing the MA(99) overhead resistance near 11.824. Short-term moving averages show bullish momentum as price action stabilizes above immediate support. However, failure to clear the 12.281 swing high could trigger a retest of lower support levels.
💬 Are you looking for a sustained breakout above the major moving average, or waiting for a dip closer to support?
DYOR | NFA
$LINK
📍 Entry Zone: 11.700 - 11.850
🛑 Stop Loss: 11.450
🎯 TP1: 12.000
🎯 TP2: 12.250
🎯 TP3: 12.650
📊 Analysis: LINK is rebounding strongly from local lows, reclaiming the MA(25) while testing the MA(99) overhead resistance near 11.824. Short-term moving averages show bullish momentum as price action stabilizes above immediate support. However, failure to clear the 12.281 swing high could trigger a retest of lower support levels.
💬 Are you looking for a sustained breakout above the major moving average, or waiting for a dip closer to support?
DYOR | NFA
$LINK
