LINKUSDT Bullish Reversal in Progress
is trading near 8.42 after a strong bounce from 8.13 support.
The 1H chart shows a clear recovery structure with higher lows forming step by step.
Why this setup looks profitable
8.13 acted as a strong demand zone with sharp rejection wick.
Price reclaimed MA25 around 8.34 which now acts as dynamic support.
MA7 is holding near price which confirms short term strength.
Sellers failed to push below 8.20 again which shows exhaustion.
Price is compressing under 8.52 resistance which often leads to breakout.
Bullish trade plan
Entry zone 8.35 to 8.45.
First target 8.57 recent high.
Second target 8.65 to 8.70 resistance area.
If breakout above 8.70 next expansion can reach 8.90 zone.
Stop loss below 8.18 to control risk.
Risk to reward is favorable because downside is limited under 8.20 while upside offers strong expansion above 8.57.
As long as price holds above 8.30 bias remains positive.
Break and hold above 8.57 can trigger stronger continuation momentum.
Stay patient. Manage risk. Let structure confirm the move.