Keep your eyes on this 💎 $LINK

Yeh chart ChainLink (LINK) / Tether (USDT) ka 1-day (1D) time frame par Binance par dikhaya gaya hai.

Chart ka breakdown yeh hai:

1. Price Action:

• Current price 11.75 USDT hai, aur yeh din ka +1.12% gain hai.

• Price gradual increase ho rahi hai, aur yeh aik ascending trendline par chal rahi hai, jo neeche se support provide kar rahi hai (yellow line).

2. Trend:

• Price ne lower lows aur lower highs se recovery karna shuru kiya hai aur ab upward move kar rahi hai, jo ke bullish sign hota hai.

• Ascending trendline support ko maintain kar rahi hai, aur price uske upar stable hai, jo market mein buying pressure ko dikhata hai.

3. Key Levels:

• Ek resistance zone (brown box) hai jo approx. 12-14 USDT ke beech hai. Yeh wo level hai jahan price ko rejection mil sakta hai, kyunki yeh pehle ki highs hain jahan selling pressure aasakta hai.

• Agar price is zone ko break kar leti hai, to aur upside ka potential hai, aur price 14 USDT ke aas paas tak move kar sakti hai.

4. Recent History:

• ChainLink ne pehle decline kiya tha mid-2023 ke baad se, jab price lagbhag 18 USDT par thi, uske baad price ne downtrend mein move kiya.

• Lekin ab price ne recovery start ki hai aur higher lows aur higher highs ka pattern bana rahi hai, jo ke trend reversal ka sign ho sakta hai.

Summary:

LINK/USDT abhi aik ascending triangle pattern bana raha hai, jo ke bullish sign hota hai. Agar price 12-14 USDT ka resistance zone break kar leti hai, to aage bullish continuation ho sakta hai. #altsesaon #altcycle #CryptoAMA #BTC☀ #ETHETFsApproved