📈 Chainlink (LINK) Bullish Momentum — Aug 12, 2025
Current Price: $21.71, holding firm above $21 amid consolidation.
Key Resistance: ~$22.05; sustained breakout here could target $26.50.
Why It’s Bullish:
Consistently up ~27% this week, supported by institutional interest and strategic partnerships.
Surpassed the pivotal 0.618 Fib level (~$20.25)—a technical win signaling bullish strength.
Fresh collaboration with ICE (NYSE parent) brings high-quality forex & metals data onto Chainlink’s Data Streams network—fortifying its role in on-chain finance.
LINK Alert – Aug 12, 2025
• Trading at $21.71, eyes glued above $22.05 resistance
• Weekly gain: +27% — institutional demand heating up
• Broke above key Fib level ($20.25) — technical strength intact
• ICE partnership delivers premium data on-chain — fueling credibility
Trade idea: Buy range → $21.50–$21.70; aim → $26–26.50; stop-loss just below $21.00
Ready to ride the LINK breakout? 🚀
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