💎 $LINK — Intraday Rebound Sets Stage for Breakout
Chainlink is trading at $13.34, down ~0.37% intraday, but the key move was yesterday’s V-shaped bounce from ~$13.05 support, showing aggressive buying interest. That bounce recovered back to ~$13.67—clear evidence of strong liquidity returning after testing lows.
🔶 Technical Setup
The $13.30–$13.40 zone is a pivot point: LINK has reclaimed the 50‑day MA and is now challenging resistance again.
A successful 4-hour close above $13.68 (today’s high) would confirm momentum, setting the next targets at $14.50 → $15.00+, levels suggested by analysts tracking harmonic patterns and weekly Fibonacci projections.
🔶 Macro & Rotation Catalysts
The Altcoin Season Index just hit a 2-year low—historically this precedes explosive rallies in mid-cap alts like LINK.
Rate pause, ETF optimism, and BTC dominance cooling off = capital rotation brewing.
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🔧 Trade Plan (Click to Execute)
1. Tap $LINK/USDT, $LINK/BUSD, or $LINK/USDC below.
2. Entry trigger: 4H candle close above $13.68.
3. Stop-loss: Below $13.30 to guard against breakdown.
4. Targets:
📍 $14.50 → Minor resistance
📍 $15.00+ → Profit zone for swing traders
5. Watch for volume confirmation and BTC movement for trend validation.
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📈 This setup blends momentum, structure, and market timing—a perfect formula for a clean breakout.
Altcoins like LINK historically move hard after BTC stabilizes. This is that moment.
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