#ChainLink Price Analysis: Potential for a 280% Gain đÂ
âĄď¸Â $LINK has dropped by -90% from its all-time high, forming a bottom around the $5 level. The price has captured both sell-side and buy-side liquidity, followed by a bullish move, then a retracement to test the internal range liquidity (IRL).
âĄď¸ After testing this level, the price has bounced from the IRL zone, showing signs of readiness for an upward move to capture more buy-side liquidity. The price is expected to continue rising, with a potential target of the all-time high, offering a possible gain of +280% from the current level.Â
Key Level to Watch:Â
- A candle closing below $8 would invalidate this setup.Â
- Current Level = Ideal for Accumulation as we prepare for the next bull run.Â
For those already holding, continue to hold your positions.Â
Stay alert for the upcoming move!Â