- Crypto Tony expects LINK to hit the $11.60 level for a trade.
- LINK is showing potential for a scalp after testing support at $11.60.
- Crypto Tony monitors LINK for short-term bounce after low sweep at $11.60.
Crypto Tony, a popular crypto trader, has recently shared his thoughts on the LINK/USDT market. He has identified the $11.60 level as a critical support point for the LINK token.
At press time, priced at $12.43, LINK has seen a small increase of 0.26% in the last 24 hours. Tony is waiting for the price to reach the $11.60 level, where he plans to enter a scalp position. This is a short-term trading strategy aimed at profiting from small price movements.
Waiting for the Key Support Level to Be Tested
The $11.60 support level is crucial in Tony’s trading strategy. According to the chart, LINK has been moving within a certain range, and Tony believes the price will test the lows before making a potential bounce.
By waiting for this level to be tested, he is positioning himself to take advantage of any short-term price changes. If LINK reaches the $11.60 level and shows signs of upward movement, Tony could enter a scalp trade, aiming to profit from the rebound.
Traders are keeping a close eye on this key level as it may signal the next potential move for LINK. With the market volatility and the price hovering near this critical support, the coming days will be essential in determining the direction of the token.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
