๐ $LINK
| Ready for a Short-Term Bounce ๐
Iโm seeing $LINK showing slight consolidation after testing recent lows around 13.09. Price is forming a potential buying zone for a short-term rebound, making this an interesting setup for a bounce.
Trade Setup (Long):
Entry Zone: 13.20 โ 13.40 (near support and consolidation area)
Take Profit:
TP1: 13.70
TP2: 13.90
TP3: 14.10
Stop Loss: 13.10
Why this works: Iโm entering near a tested support zone where buyers have stepped in before. This increases the probability of a short-term rebound. TP1 and TP2 align with immediate resistance levels, and TP3 is the extended target if momentum continues. The stop at 13.10 protects against a breakdown below recent lows.
Key Levels to Watch:
Support: 13.12 / 13.09
Resistance: 13.70 / 13.90 / 14.10
Pro Tip: Wait for confirmation near the entry zone before entering. If LINK breaks above 13.70, Iโm considering trailing the stop to breakeven and letting profits run toward TP3.
#TrumpTariffs #USJobsData #WriteToEarnUpgrade #CPIWatch #BinanceBlockchainWeek
