🚀 $LINK /USDT Trading Signal – Breaking Higher Highs
Current Price: $26.59 (+12.62%)
Chainlink ($LINK ) has surged from its 24H Low of $22.19 to hit a 24H High of $26.65. With strong bullish momentum and price action well above key EMAs, LINK is eyeing further upside or potential consolidation at these levels.
📉 Short Entry Signal:
If the price fails to hold above $26.00, a short trade could target lower retracement levels.
Entry Range: $25.80 - $26.00
Target 1: $25.00
Target 2: $24.50
Stop Loss: $26.70
📈 Long Entry Signal:
If the price sustains above $26.80, look for continuation toward new highs.
Entry Range: $26.80 - $27.00
Target 1: $27.50
Target 2: $28.00
Stop Loss: $26.00
🔎 Market Observations:
$LINK is trading well above its EMAs (EMA(7): $25.12, EMA(25): $24.19, EMA(99): $23.35), indicating robust bullish momentum.
Support lies at $25.80, while a breakout above $26.80 could open doors to further gains.
Watch for a pullback or consolidation before continuation.
With strong price movement, volatility is expected. Use tight stop losses and monitor resistance levels closely for confirmation.
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