$LINK Retesting Breakout Zone Bullish Continuation
Trade Direction: LONG
Entry Zone: 7.27 - 7.29
Stop Loss: 7.19
Profits:
TP1: 7.32
TP2: 7.36
TP3: 7.42+
Why this setup?
On the 1D chart $LINK delivered a strong impulsive rally from 7.20 support to 7.36 resistance, forming clear higher highs and higher lows. Price is now pulling back to the breakout area around 7.28, which should act as new support. This is a textbook retest setup with favorable risk-reward. Market structure remains bullish.
Will $LINK hold this level and push to new highs or see more downside? Trade Here 👇
Trade Direction: LONG
Entry Zone: 7.27 - 7.29
Stop Loss: 7.19
Profits:
TP1: 7.32
TP2: 7.36
TP3: 7.42+
Why this setup?
On the 1D chart $LINK delivered a strong impulsive rally from 7.20 support to 7.36 resistance, forming clear higher highs and higher lows. Price is now pulling back to the breakout area around 7.28, which should act as new support. This is a textbook retest setup with favorable risk-reward. Market structure remains bullish.
Will $LINK hold this level and push to new highs or see more downside? Trade Here 👇