šØ $LINK /USDT ALERT: Breakout Looming as Bulls Eye Critical Levels! šØ
Chainlink is trading at $29.70, up +0.61% over the past 24 hours, as it recovers from recent lows and builds bullish momentum. Traders should focus on the following key levels for potential breakouts or retracements.
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š Key Targets to Monitor:
1ļøā£ Target 1 ā $30.00 (Psychological Resistance):
A breakout above this psychological level could confirm the start of a bullish trend, inviting more buying interest.
2ļøā£ Target 2 ā $30.69 (24-Hour High):
Breaching this level could lead to a sharp rally as traders look for LINK to test higher resistance levels.
3ļøā£ Target 3 ā $31.50 (Extended Bullish Target):
Sustained momentum above $30.69 could drive LINK toward $31.50, signaling a strong uptrend continuation.
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š Critical Support Levels:
$29.00: Immediate support zone. If LINK fails to maintain this level, it could retest $28.50 as the next support.
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ā”ļø Market Sentiment:
With 21.57% gains in the past 7 days and solid upward movement, LINK appears poised for a bullish breakout. However, rejection near $30.00 or $30.69 could lead to short-term consolidation.
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š¢ Pro Tip:
Wait for confirmed breakouts before entering positions. Use tight stop-losses near support zones to minimize risks and maximize gains in this volatile setup.
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