ChainLink / TetherUS
Long

Lingrid | LINKUSDT Potential Bullish Continuation

1 617
The price perfectly fulfilled my previous idea. LINKUSDT is trading near the upper boundary of its upward channel after failing to sustain above the 28.00 resistance zone. The structure shows repeated fake breaks around the channel top, with price now pulling back toward the 22.00–23.00 area. If buyers hold this zone, continuation toward 28.00 remains possible. However, broader context shows momentum slowing, leaving risk of a deeper dip if support cracks.

📉 Key Levels
  • Buy trigger: Rejection of 22.00 with strong bullish candle
  • Buy zone: 22.00–22.50 accumulation area
  • Target: 28.00 resistance zone
  • Invalidation: Close below 20.00

💡 Risks
  • Breakdown below 22.00 support could extend into the 16.00–15.50 zone.
  • Macro risk if BTC fails to hold current range, dragging majors.
  • Economic calendar surprises in USD data affecting risk assets.

If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!

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