$LINK /USDT - Testing Key Resistance!
Current Price: $23.92 (+1.53%)
24H High: $24.16
24H Low: $22.85
Chainlink has bounced back from strong support at $22.85, trading above the 99 MA ($22.98). The price action reflects bullish momentum with the 7 and 25 MA aligning positively, pointing toward a potential breakout.
Suggested Trade Setup:
Entry Range: $23.80 - $24.10
Target 1: $24.50
Target 2: $25.00
Stop Loss: $22.70
Market Observation: A close above $24.20 could confirm further upside, with the volume indicating strong buyer interest. Watch for consolidation near the resistance level.