🤩 Long 🟢 : "Weekly Support Trends in Focus"
Pair: $LINK USDT
Interval: 1W
LINK is currently entering a significant weekly support zone, previously identified as accumulation. This level is crucial for potential long-term bullish positions. A clear break above the descending red channel is necessary for a new upward trend. Emphasis on support, structural break, then impulse. Note: Not financial advice, trade cautiously and follow a trading plan diligently.
🧠 Conservative Breakout
🟡 Entry Price: $9.00
🔴 Stop Loss: $8.00
🟢 Take Profit: $18.00
💡 Enter long after a confirmed breakout above the descending channel and reclaim of the $9.00 weekly support. Stop loss set below recent lows for protection, targeting a move back to the mid-range resistance from previous structure.
Trade $LINK Now
