🔗 $LINK Market Update — Key Levels & Targets
LINK is showing bullish momentum on both larger and smaller time frames with multiple possible scenarios. The current trend favors higher prices.
Key Levels & Waves:
📅 Likely working on C-wave in wave B or a 5-wave impulse uptrend
🎯 Next resistance target: $23 (2024 swing high) — critical to break for further upside
⬆️ Above $23 unlocks next targets:
$31
Then $46–$47 (long-term C-wave target)
Shorter Time Frame Notes:
Five waves completed from June low; wave 5 could still extend
📍 Wave 5 target zone between $25 and $30 — above $25 might be a strong extension
🛡️ Support to hold for continuation: $18.50 (50% retracement of last rally)
⚠️ Micro resistance near $21 but $23 area is stronger resistance zone
Overall:
Trend remains bullish if $18.50 support holds
Expect potential strong third wave momentum after breaking $23
Market breaking major resistances like Ethereum ($4,100) hints at sector-wide bullishness
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