đ¨ $LINK /USDT ON THE EDGE OF A MAJOR MOVE! EXPLOSIVE BREAKOUT OR SHARP PULLBACK? đ¨
LINK/USDT is showing an ascending channel pattern on the 4-hour chart, currently priced at $11.91 with resistance looming around $12.00. The bulls are holding the price within an upward trendline, but the key levels are where things get interesting.
đĄ Critical Levels to Watch:
⢠Resistance: $12.02 â A breakout here could spark a surge toward $12.20 or higher.
⢠Support: $11.80 â If LINK slips below this level, expect a retrace down to $11.60 or lower.
đ Short-Term Strategy:
⢠Entry: Buy near $11.85 with a Stop Loss at $11.70.
⢠Target: $12.00 to $12.10 for a quick gain.
đ Long-Term Play:
⢠Entry: Accumulate on dips near $11.60.
⢠Stop Loss: $11.40 for a safer exit.
⢠Target: $12.20+ in case of a breakout rally.
Stay sharp, as momentum could flip quickly at these levels!
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