ChainLink / TetherUS
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LINKUSDT – Triangle Pattern Breakout Loading?

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#LINK

The price is moving within a bearish channel on the 1-hour timeframe; it has reached the lower boundary and appears poised for a rebound, suggesting a potential upward move upon retesting this level.

The Relative Strength Index (RSI) indicates a bearish trend, but an upward breakout is likely due to oversold conditions on the 1-hour chart.

An orange trend line supports the potential upward rebound.

There is initial support at 11.89, acting as a primary support zone.

A key support zone (marked in green) exists at 11.60; the price has rebounded from this area multiple times, making it a strong support level.

The price is moving toward the 100-period moving average—a level we are currently approaching—which supports the bullish outlook.

Entry Price: 12.50
Target 1: 12.62
Target 2: 12.73
Target 3: 12.89

Stop Loss: At the green resistance zone.

Remember this simple rule: Capital management.

If you have any questions, please leave a comment.

Thank you.
Trading ditutup: target tercapai
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#LINK

Target 1: 12.62 Reached
Target 2: 12.73 Reached
Target 3: 12.89 Reached

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