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ChainLink / TetherUS
Long

$LINKUSDT: Breakout Alert!

279
LINKUSDT is currently forming a symmetrical triangle pattern on the chart, indicating a potential breakout. After an extended consolidation phase, the price action suggests that LINK may be on the verge of a significant move. Traders should monitor key resistance and support levels as the price approaches the apex of the triangle. A confirmed breakout above resistance could signal a strong upward trend, particularly if it is accompanied by increased volume.

This setup presents an exciting opportunity for traders, as a decisive break could ignite a substantial upward movement. With the potential for a powerful rally after a lengthy period of consolidation, now is the time to stay alert for breakout signals. Always conduct your own research and consider your risk tolerance before making trading decisions.

LINKUSDT Currently trading at $12

Buy level: Above $12

Stop loss: Below $10.5

TP1: $13

TP2: $15

TP3: $19

TP4: $22

Max Leverage 3x

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chainlinkLINKLINKUSDlinkusdlonglinkusdsignalsLINKUSDTlinkusdtlongLINKUSDTPERPlinkusdtradingSupport and ResistanceTrend AnalysisTriangle
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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.