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LINK Anticipated Retrace to the Golden Fibonacci Zone

Short
BYBIT:LINKUSDT.P   LINKUSDT Perpetual Contract
Our analysis of LINKUSD reveals a confluence of patterns and technical indicators suggesting a pullback into the 'Golden Zone' of Fibonacci retracement levels. Utilizing Ichimoku clouds for trend confirmation, combined with harmonic patterns, we identify a potential reversal area. This strategic region, often associated with high probability reversals, presents a potential opportunity for traders. Market volatility remains high, emphasizing the need for vigilant risk management and the use of precise entry and exit strategies.

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