š #Chainlink $LINK Struggles at $30 Resistance
LINK dipped 2% as strong selling pressure above $30 holds back its growth, even as Bitcoin surges past $100k.
š Whale Moves Signal Bullish Intent
A whale has withdrawn 529,999 LINK ($15.5M) from exchanges over three days, hinting at long-term holding or staking. Reduced sell pressure could support LINK's recovery.
š Key Support Zones to Watch
$25.6: Critical support tied to 23.6% Fibonacci and 20-day EMA.
$22.2: Additional support at 50% Fibonacci retracement.
A bounce from these levels could drive LINK to $31 and potentially $36 (+30%). Traders should watch volume and support tests for breakout signs.
#MarketNewHype #ChainlinkUpdate #Write2Earn! #LINKš„š„š„
