LINK: The price is recovering from a short-term downtrend.

Detailed Analysis:

Current Price: 21.64 (+1.12%).

Resistance and Support Levels: Resistance at 22.38, Support at 21.06.

RSI: At 65.72, indicating a bullish momentum nearing overbought territory.

MACD: The MACD line has crossed above the signal line, signaling a potential upward trend.

Trading Strategy:

Entry Point: Consider entering near the 21.35 support zone if a pullback occurs.

Target: Set a profit target around 22.38 to take advantage of the resistance level.

Stop Loss: Place a stop loss below 21.00 to minimize risks.

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#Chainlink #CryptoAnalysis #AltcoinTrends #DeFi