💎 Paradisers, let's delve into #LINKUSDT, which currently presents two distinct trading scenarios within a tight structure.
💎 Currently, #LINK has been rejected from a daily resistance level for the third time, making it likely to retest its support level, potentially dropping by -8.95%.
💎 The support level at 5.779 of #ChainLink serves as a key reversal zone. Should the price retest this level, a bullish move is expected. However, if the support level is breached, consider a short entry. Your take-profit (TP) should be set slightly above the invalidation level.
💎 In both scenarios, it's advisable to set your stop-loss at approximately 1.75% of your margin to safeguard your portfolio.
Keep your charts updated and Stay one step ahead of the market 🌴