🔍 $LINK

/USDT Technical Analysis – On the Verge of a Breakout?

📈 Current Price: $17.60 (+14.21%)

Chainlink (LINK) has surged recently, breaking key levels and signaling potential for further upside. Here's what to watch:

Key Targets 🎯:

1️⃣ $18.50 – Short-term Resistance:

This is the immediate target, aligning with recent price rejection. Breaking above this could confirm the bullish trend and attract momentum traders.

2️⃣ $20.00 – Psychological Barrier:

A critical psychological level that could act as a magnet for buyers. Expect increased volatility as traders take profits near this zone.

3️⃣ $22.50 – Bullish Extension:

If LINK maintains its momentum, this long-term target is achievable. It aligns with the broader uptrend and previous key resistance from historical data.

Support Levels to Watch:

$15.15: The 24h low and strong support zone. A break below could shift the trend bearish.

$16.50: A mid-level support offering stability in case of minor corrections.

🔑 Indicators:

RSI shows overbought levels, hinting at a possible short-term pullback before continuation.

MACD is bullish, suggesting sustained momentum in the mid-term.

📌 Trading Strategy:

Buy Zone: Accumulate on dips around $16.50–$17.00.

Targets: $18.50, $20.00, and $22.50.

Stop Loss: Below $15.00 to manage risk.

#JoblessClaimsLowestApril #BTCBreaks100K? #SOLHitsATH #XRPAndSECShift #ETHPriceSurge