$LINK Pulls Back From Highs Buyers Defending the Breakout Zone
Pair: $LINK / USDT
Direction: LONG
Leverage: 5x
Entry Zone: 14.75 – 14.85
Take Profit:
- TP1: 15.339 +18%
- TP2: 15.685 +29%
- TP3: 16.203 +47%
Stop Loss: 14.13
Chart Structure:
- LINK bottomed near 13.0 and reversed sharply, breaking above MA7, MA25, and the MA99 in a strong impulsive rally to a ~15.5 high
- Price has since pulled back to test the MA25/MA7 confluence (~14.8), a normal retracement after the initial thrust rather than a trend reversal
- RSI 14 cooled from the low-70s (overbought) down to the mid-40s, working off the extreme without breaking into clearly bearish territory
- MACD is still positive but the histogram has faded and turned slightly red momentum pausing after the sharp rally, consistent with a healthy pullback
- The rising MA99 (purple, ~14.4) sits below current price, keeping the broader trend structure constructively bullish
- This reads as a pullback-to-support long inside a larger uptrend, not a breakout chase
- Stop is placed below the MA99 and the recent higher-low, giving room for a normal retest without exposing to a fresh breakdown
$LINK
Pair: $LINK / USDT
Direction: LONG
Leverage: 5x
Entry Zone: 14.75 – 14.85
Take Profit:
- TP1: 15.339 +18%
- TP2: 15.685 +29%
- TP3: 16.203 +47%
Stop Loss: 14.13
Chart Structure:
- LINK bottomed near 13.0 and reversed sharply, breaking above MA7, MA25, and the MA99 in a strong impulsive rally to a ~15.5 high
- Price has since pulled back to test the MA25/MA7 confluence (~14.8), a normal retracement after the initial thrust rather than a trend reversal
- RSI 14 cooled from the low-70s (overbought) down to the mid-40s, working off the extreme without breaking into clearly bearish territory
- MACD is still positive but the histogram has faded and turned slightly red momentum pausing after the sharp rally, consistent with a healthy pullback
- The rising MA99 (purple, ~14.4) sits below current price, keeping the broader trend structure constructively bullish
- This reads as a pullback-to-support long inside a larger uptrend, not a breakout chase
- Stop is placed below the MA99 and the recent higher-low, giving room for a normal retest without exposing to a fresh breakdown
$LINK
