LINK/USDT 1W chart review

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Hello everyone, let's look at the current situation of LINK 1W interval. In this situation, we can see the price rebounding from the downtrend line.
Let's start by setting goals for the near future, which include:
T1 = $11.49
T2 = $13.66
T3 = $15.54
T4 = $17.27
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $9.27. SL2 = $7.35. SL3 = $5.53
Looking at the RSI indicator, we see

as the movement took place in the upper range, which could have influenced the change in the direction of movement, giving a price recovery.

Penafian

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