🔗 CHAINLINK – BREAKING THE DOWN TREND, OPENING UP A STRONG BULL CYCLE?
Hello everyone,
Today's chart is LINK/USDT – a very bullish signal after Chainlink officially broke out of the long-term downtrend line and closed a very beautiful daily candle.
✅ Key points:
The price has broken out of the downtrend line, along with increased volume – confirming a successful breakout.
There have been 3 consecutive strong bullish candles, forming a solid upward momentum.
The short-term target is around 25.14 USD, and if the upward momentum continues, the extended target could reach up to 34.88 USD in this cycle.
A strong support level has been established at 12.94 USD, and a near support level at 16.22 USD – reasonable for placing SL in the trading plan, Futures, and Spot.
🧠 Trading mindset:
Those who entered early can now just use a trailing stop to secure profits.
Those who haven't entered can wait for a pullback to the 16–17 range to participate with better R:R.
📈 LINK is showing clear technical strength and has the potential to lead the DeFi wave if Altcoin Season returns.
✅ Don’t overlook Chainlink in your watchlist during this period.
💬 What target do you think is more suitable – 25 or 35? Let's share!
(This article was written using AI as I was a bit lazy and many people asked about LINK, but the content is still accurate.) This wave, LINK shouldn't be below 35$ , it would be a waste; even if it's cheaper, it should at least be 25$ .
This is not investment advice and is just my personal opinion.
#Chainlink #LINK #CryptoVietnam #AltcoinSeason #BinanceSquare