ChainLink (LINK/USDT) Bullish Recovery Attempt Amid Sideways Pressure

LINK/USDT Long-term Analysis: Bullish

The analysis for ChainLink against the Tether has become cautiously optimistic after a long period of correction from its last year high. However, the pair has been consolidating sideways, holding just above a key support zone.

Recently, the candles are showing signs of strength, especially with the price pushing back above the mid-Bollinger Band.

The market is currently trading above $14.10, with signs that buyers may be preparing for more upside movement.