Chainlink ($LINK /USDT) Technical Analysis and Forecast đ
Stay tuned as Chainlink might just be gearing up for a thrilling run! đŻ
In the dynamic world of cryptocurrencies, Chainlink ($LINK /USDT) stands out with its recent trading pattern on the Binance Perpetual Futures market.
As of now, the price hovers at $12.58, experiencing a minor retreat of 0.77% from the previous session. Observing the 24-hour trading data, LINK reached a high of $12.976 and dipped to a low of $12.488, suggesting a tight trading range with significant volatility.
The current price action, marked by its recovery from the lower support level, indicates potential for an upward trajectory. Investors should keep an eye on the resistance at approximately $12.976.
A break above this level could signify a bullish signal, propelling $LINK towards higher valuations.
Conversely, should the price struggle to surpass this resistance, we might see consolidation around the current levels.
Stay tuned as Chainlink might just be gearing up for a thrilling run! đŻ
#LINKđ„đ„đ„ #BTCReboundsAfterFOMC #BinanceLaunchpoolHMSTR #NeiroOnBinance #Write2Earn!
