$LINK ANALYSIS

30 MIN TIMEFRAME

The current pivot point for Chainlink is 7.15. This means that if the price of Chainlink falls below 7.15, it is more likely to continue falling to 6.93 and 6.80. However, if the price of Chainlink remains above 7.15, it is more likely to continue rising to 7.99, 7.86, and 7.73.

The RSI above 50 and the MACD positive and above its signal line. This suggests that the trend is still bullish, and that the price of Chainlink is more likely be bullish.

Overall, the outlook for Chainlink is positive, but there is some risk of a downside breakout if the price falls below 7.15. Investors should monitor the technical indicators closely and be prepared to take profits if the price reaches the resistance levels at 7.99, 7.86, and 7.73.

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