LINK Watch: The Next 48 Hours Could Shape the Trend
Chainlink is consolidating around $15.30, hovering between $15.20–$16.40.
Here’s what’s setting up:
Resistance at $16.40 (intraday high)—a clean breakout could open a move toward $17.75–$18
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Support around $15.20 (intraday low) and the 50‑day MA near $14.00–$14.50
Bullish momentum: volume has surged, MACD is positive, RSI sits just below overbought
Next 48h catalyst: pushing past $16.40 with volume may signal a run toward $18–$20; failure could retest support and unwind toward $14
💡 What this means for LINK holders
Use $16.40–$16.50 as your key watch zone
Breakout → potential targets: $17.75, then $19–$20
Rejection → tightening risk: watch $15.20 and $14 supports
Be alert: momentum setups like this can move fast once external news or BTC causes rotation
✅ Quick Call to Action
Are you waiting for a breakout before buying?
Deciding to take profits near $17–$18?
Or maybe holding through volatility?
Tell me your LINK plan 👇
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