$LINK Ready to Soar Back to $16? 🚀📈
Chainlink (LINK) just touched a key support level at $14.54, following a gradual pullback from recent highs. The price action is showing signs of downside exhaustion, and the overall bull flag pattern remains intact. A bounce from here could kickstart the next move toward the $16+ zone.
📊 Long Trade Setup:
Entry Range: $14.50 – $14.60
Take Profit Targets:
• TP1: $15.06
• TP2: $15.69
• TP3: $15.80
Stop Loss: $14.24
A bullish engulfing candle or a confirmed reclaim of $14.80 would strengthen this bullish reversal scenario.
