$LINK Latest Analysis ‼️‼️‼️
1. Support Levels:
- First Support: Around 14.223
- Second Support: Around 13.969 (the previous low)
2. Resistance Levels:
- First Resistance: Around 14.517
- second Resistance: Around 14.771 (the 24-hour high)
Breakout Possibilities
- Bullish Breakout:
- If the price breaks above the 14.771 resistance level with strong volume, it could indicate a bullish breakout, leading to further upward momentum.
- Bearish Breakout:
- If the price falls below the 13.969 support level with significant volume, it might indicate a bearish breakout, leading to a potential downward trend.
Monitoring the price action around these key levels will provide insights into the potential direction of the market. Additionally, watching for changes in volume and other technical indicators (such as moving averages or RSI) can help confirm breakouts.