馃毃 LINK Price Update: Bullish Momentum Continues! 馃毃

$LINK (ChainLink) is currently trading at $22.72, up by 2.02% in the last 24 hours, signaling strong bullish momentum. As decentralized oracle networks continue to gain importance, ChainLink is positioned for further growth.

Key Levels to Watch

馃搱 Resistance: $23.00 (Psychological level)
馃搲 Support: $22.00 (Key support zone)

Trade Setup

Long Entry: Around $22.70, targeting:
1锔忊儯 $23.50 (next resistance)
2锔忊儯 $25.00 (higher target)

Short Entry: If $LINK falls below $22.00, consider:
1锔忊儯 $21.50 (retracement zone)
2锔忊儯 $20.00 (lower support)

Risk Management

馃挕 Stop-loss: $21.80 to manage risk.

Market Insight

ChainLink continues to demonstrate strength as a leading oracle provider in the crypto space. The solid upward trend indicates that further gains may be in the cards, making it an exciting watch for traders.

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