🚀 Chainlink breaks a key support and buyers target $30 💎
Quick Summary:
🛡 Strong Support: The rise began from $9.49 after reclaiming important levels.
⛰ Resistance: The price faces a barrier at $24.88; breaking it may open the way towards $33.75.
📊 Trading Volume: Strong buyer entry supports the continuation of the upward trend.
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Technical Analysis Details 🔍
LINK rebounded from support at $9.49 🔝, establishing the foundation for the current rise.
Reclaiming the Value Area Low (VAL) and Point of Control (POC) 🏗 strengthened the upward trend.
The price is now above the Value Area High 📈 but faces resistance at $24.88.
Trading volume 💹 indicates strong demand supporting the continuation of the rise.
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Next Movement Forecast ⚡
If LINK maintains the current breakout and closes daily above $24.88 ✅, the next target is $33.75 🏔.
Any pullback may lead to a retest of the POC or Value Area Low support 🔄 before attempting a new rise.
The overall structure remains bullish 🌟, with a potential higher level upon breaking resistance.