$LINK /USDT ā WILL THE BULLS FIGHT BACK OR MORE DUMP AHEAD? šØš
$LINK has plunged -8.30%, testing a critical demand zone! Is this a buying opportunity, or will the slide continue?
š Key Levels:
š¹ Resistance: $13.50 ā $14.00
š¹ Support: $12.40 ā $12.80
š¹ Current Price: $12.81
š Long Trade Setup (If Support Holds)
š¹ Entry Zone: $12.50 - $12.90
šÆ Target 1: $13.50
šÆ Target 2: $14.00
š Stop Loss: $12.20
š Short Trade Setup (If Rejected at Resistance)
š¹ Entry Zone: $13.40 - $13.80
šÆ Target 1: $12.80
šÆ Target 2: $12.40
š Stop Loss: $14.20
š Market Outlook:
LINK is currently at major support, with a slight bounce forming.
A break above $13.50 could trigger a strong recovery.
Failure to hold $12.40 may result in further downside.
ā ļø Risk Management:
š Wait for confirmation before entering trades.
š Stick to stop-loss levels to avoid big drawdowns.
š Monitor volume levels to assess breakout strength.
š„ If you feel the analysis helpful, Like, Share, and comment the next pair you want to analyze! š
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