Chainlink ( $LINK ) Technical Analysis in Simple & Short:
.
.
.
.
The long-term chart for LINK suggests a potential bottom in Wave 2. The bullish scenario remains preferred, indicating higher prices ahead. Key levels to watch:
- Support: $10 (November low)
- Resistance: $27.56 (78.6% extension)
A break above $27.56 would be a clear bullish signal. On the smaller time frame, LINK needs to complete its internal third wave and form a higher low in the fourth wave.
#LINK #LINKBTC $LINK #TechnicalIndicators #futures #BTCKeyZone