$LINK $LINK
Chainlink (LINK/USD): Navigating the $22 Zone – Opportunity Awaits
Chainlink (LINK) is holding its ground at $22, signaling a key moment for traders. This level is more than just a price—it’s a battleground between bulls and bears. On the downside, $21.50 acts as immediate support, while $20 is a solid safety net if the price falters. For the bulls, $23.50 is the first resistance to watch, with $25 and $28 as targets for potential upside rallies.
What makes this setup exciting? LINK’s current consolidation phase offers strategic entry opportunities. A long position above $23 could capture bullish momentum, targeting $25 and beyond. Meanwhile, those waiting for a dip might look for entries closer to $21.50, leveraging the support as a cushion.
Momentum is neutral, but with Chainlink’s strong fundamentals and expanding utility in the blockchain space, a breakout could be imminent. Stay sharp, as the next move may set the tone for LINK’s trajectory.
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