🚀 Chainlink Ignites – $20 Breakout Sparks Bullish Frenzy! 🚀✊🔐👇
Last night, while much of the market rested, Chainlink ($LINK ) decided to steal the spotlight.
After quietly building momentum, the token exploded past the $20 psychological barrier, sending a clear message — the bulls are back in charge.
On the 15-min chart, $LINK price action surged in a staircase pattern, with RSI hitting 80+, showing heavy buying pressure. LINK now holds steady around $20.59, staying well above short-term EMA support.
The 1-hour chart reveals a clean upward channel from $18.50, with RSI pushing 76, hinting that bulls still have fuel — though a brief cooldown could be healthy before the next push.
👉 On the daily chart, $LINK has fully erased early-August losses, smashing through multiple resistance zones to settle near $20.66. With RSI at 68, there’s still room before overbought conditions fully kick in, leaving the door open for another leg up.
🎯 Bullish Trade Plan
Entry: $20.20 – $20.50 (dip buying zone)
Targets: $21.20 → $21.80 → $22.50
Stop Loss: $19.80
Duration: 1–2 days
Note: If RSI stays over 80 on lower timeframes, expect a quick pullback before continuation.
💡 Trader’s Takeaway:
“Momentum is like a rocket — thrilling on the way up, but you need to know when to land safely.”
📌 This is not financial advice. Always do your own research.