LINK

Yesterday, LINK broke below a flag pattern but found support around $23.1, rebounding to $23.2 at the time of writing. The price is expected to test the resistance zone between $25.5 and $26.6, where investors can consider entering short positions. Take-profit targets can be set at $23, $21.8, and $21.1. Stop-loss should be placed at $26.65.

Reference Levels:

• Direction: Short

• Entry: $25.5 - $26.6

• Take Profit: $23 / $21.8 / $21.1

• Stop Loss: $26.65

NEAR

NEAR followed the broader market decline yesterday, finding support around $2.35 and rebounding to $2.42 at the time of writing. The price is forming a trading range, and investors can consider entering long positions at market price or buying spot between $2.35 and $2.4. Take-profit targets can be set at the mid-range level of $2.67 and the upper resistance of $3. Stop-loss should be placed below the previous low at $2.29.

Reference Levels:

• Direction: Long

• Entry: $2.42 (market price) / $2.35 - $2.4

• Take Profit: $2.67 / $3

• Stop Loss: $2.29

S

Recently, S broke below a flag pattern, found support around $0.301, and rebounded. The price may continue its prior downtrend. Investors who haven’t entered can wait for a test of the resistance zone to enter short positions between $0.318 and $0.328. Take-profit targets can be set at $0.286, $0.2777, and $0.265. Stop-loss should be set between $0.339 and $0.343, depending on individual risk tolerance.

Reference Levels:

• Direction: Short

• Entry: $0.318 - $0.328

• Take Profit: $0.286 / $0.2777 / $0.265

• Stop Loss: $0.339 - $0.343

Disclaimer: None of the information contained here constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investment, or to participate in any particular trading strategy.