#LINK at a Crossroads: BULLISH BREAKOUT or Bearish Bounce❓

While #Chainlink currently trades within a bearish channel, there are signs of hope! The downtrend seems to be losing steam, potentially leading to a surge towards the channel's upper limit.🚀

If momentum builds, a breakout could propel $LINK to the resistance zone of $16.200-$17.500. However, failing to break resistance could see LINK retreat back to the support level of $12.860-$11.840.👀

Key Takeaways: 🔐

#Bearish trend weakening, potential for upward movement.📈

Breakout target: $16.200-$17.500 resistance zone.💥

Support level: $12.860-$11.840.🫡

What's Your opinion on LINK ???

Is it #Bullish or Bearish?