$LINK Recharging at $13.20 — Coiled for Breakout? ⚡
Chainlink is trading at $13.20, consolidating in a tight range after a strong uptrend. Price action is forming a bullish flag near support, indicating a potential breakout is brewing.
📊 Market Snapshot:
🔹 Price: $13.20
🔹 24h High: $13.68
🔹 24h Low: $12.94
🔹 Trend: Bullish consolidation
🔹 Momentum: Sideways with bullish bias
📈 Signal Setup:
✅ Bullish flag/pennant structure on 4H
✅ Holding above key support at $12.90
✅ RSI near 50 — balanced, room to run
✅ Volume compression — breakout likely soon
🎯 Trade Plan:
• Entry Zone: $13.10 – $13.25
• TP1: $13.80
• TP2: $14.40
• TP3: $15.20
• SL: Below $12.80
🧠 Insight:
LINK is in a resting phase, not weakness. A clean break above $13.70 with volume could send it flying into the $14–15 range quickly. Ideal setup for breakout traders and short-term swing holders.
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