LINK/USDT is trading near $8.47 on the 4-hour chart after recovering from the major support area around $7.67.
The price is currently approaching strong resistance at $8.546. Although short-term momentum is improving, LINK may first retrace toward the $7.79–$7.95 demand zone, where buyers previously entered the market.
A bullish reaction from this zone could push the price back toward $8.546. However, a confirmed breakdown below $7.673 would invalidate the bullish setup.
Trading Levels:
Entry Zone: $7.79–$7.95
Take Profit 1: $8.546
Stop Loss: $7.673
Market Bias: Neutral to slightly bullish
Setup Invalidation: 4-hour close below $7.673
Key Technical Points:
$7.79–$7.95 is the main demand zone.
$8.546 is the primary resistance and profit target.
Momentum is improving, but price remains below resistance.
A breakout above $8.546 could strengthen the bullish structure.
A breakdown below $7.673 would indicate further downside risk.
The price is currently approaching strong resistance at $8.546. Although short-term momentum is improving, LINK may first retrace toward the $7.79–$7.95 demand zone, where buyers previously entered the market.
A bullish reaction from this zone could push the price back toward $8.546. However, a confirmed breakdown below $7.673 would invalidate the bullish setup.
Trading Levels:
Entry Zone: $7.79–$7.95
Take Profit 1: $8.546
Stop Loss: $7.673
Market Bias: Neutral to slightly bullish
Setup Invalidation: 4-hour close below $7.673
Key Technical Points:
$7.79–$7.95 is the main demand zone.
$8.546 is the primary resistance and profit target.
Momentum is improving, but price remains below resistance.
A breakout above $8.546 could strengthen the bullish structure.
A breakdown below $7.673 would indicate further downside risk.
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.