๐ $LINK / USDT Key Level and Next Move!๐
Chainlink ( $LINK ) continues its upward momentum, trading at $23.76 with a solid +7.32% gain in the last 24 hours.
Key Metrics:
24h High: $23.8124h Low: $21.6324h Volume:LINK: 5.90MUSDT: 132.53M
๐ Performance Overview:
The 15-minute chart shows a strong bullish trend, with LINK consistently climbing higher throughout the session. Despite a minor consolidation at the $23.75-$23.80 range, the bulls appear firmly in control.
๐ Technical Analysis:
Resistance Level: The immediate resistance is at $24.00, a psychological level that could trigger further buying interest if breached.Support Level: Key support is around $23.50, which has held well during minor pullbacks.Trend: The short-term trend remains bullish, with higher highs and higher lows on the chart.
๐ Historical Performance:
Today: +6.45%7 Days: +4.30%30 Days: -3.06% (minor correction before the recent rally)90 Days: +113.38%180 Days: +109.61%1 Year: +70.97%
๐ก Key Insights:
Infrastructure Leader: Chainlinkโs robust oracle network continues to play a vital role in DeFi and blockchain applications, bolstering investor confidence.Market Sentiment: Positive sentiment is driving LINK closer to the $24 mark, with potential for a breakout if momentum persists.
๐ข Whatโs Next?
Traders should watch for a decisive move above $24, which could pave the way for further gains. Conversely, a failure to hold current levels may see LINK retesting support at $23.50.
Are you bullish on LINK? Let us know your thoughts and strategies! ๐
