ChainLink / TetherUS
Long

Lingrid | LINKUSDT potential Bullish Breakout

358
LINKUSDT has formed a sequence of lower highs beneath a descending red trendline, indicating that bearish pressure remains dominant. After a recent rejection near $13.80, price action is now pulling back toward the $12.50–$13.00 range where consolidation is likely. The structure suggests a potential rebound from the lower boundary before another bullish push into the resistance zone near $14.90.

📉 Key Levels
  • Buy zone: 12.50–13.00 (support + prior consolidation)
  • Sell trigger: loss of 12.50 support with strong volume
  • Target: 14.90 – major horizontal resistance
  • Buy trigger: bullish reversal from the 12.50 support zone

💡 Risks
  • Breakdown below $12.50 could send price toward $10.57
  • Lower highs pattern still intact unless $14.00 is cleared
  • Mid-range chop could delay trend continuation or trap longs

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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