Market Context:
LINK has retraced into a major support zone, setting up a potential retest and bounce. Given its historical price behavior at these levels, this provides a strong risk-to-reward opportunity for a long spot position.
Trade Details:
Entry Zone: $14.50 - $16.50
Take Profit Targets:
$19.40 - $21.50
$27.00 - $30.00
Stop Loss: Just below $12.00
This setup aligns with historical support zones and potential continuation of the uptrend. Manage risk accordingly and stick to the plan! 📈🔥
LINK has retraced into a major support zone, setting up a potential retest and bounce. Given its historical price behavior at these levels, this provides a strong risk-to-reward opportunity for a long spot position.
Trade Details:
Entry Zone: $14.50 - $16.50
Take Profit Targets:
$19.40 - $21.50
$27.00 - $30.00
Stop Loss: Just below $12.00
This setup aligns with historical support zones and potential continuation of the uptrend. Manage risk accordingly and stick to the plan! 📈🔥
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.