📊LINK has been in a correction phase, trading within a descending blue channel, and is now retesting its lower boundary. The blue zone represents a key support area and aligns with the $15 round number. The highlighted blue circle marks a significant point where structure and the lower orange trendline intersect, acting as a potential support level. As LINK approaches this zone, I’ll be looking for bullish reversal signals, such as a double bottom or trendline break, to consider a buy. Remember to stick to your trading plan, focusing on proper entries, risk management, and trade management.
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#LINK #HOLDer #LINKTrade #GoodTrade
📊LINK has been in a correction phase, trading within a descending blue channel, and is now retesting its lower boundary. The blue zone represents a key support area and aligns with the $15 round number. The highlighted blue circle marks a significant point where structure and the lower orange trendline intersect, acting as a potential support level. As LINK approaches this zone, I’ll be looking for bullish reversal signals, such as a double bottom or trendline break, to consider a buy. Remember to stick to your trading plan, focusing on proper entries, risk management, and trade management.
Best of luck🥇
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