$LINK

/USDT Market Report – Bullish Momentum in Action

Chainlink (LINK) is showing a strong bullish structure, trading at $24.20, up +2.15% in the last 24 hours. The pair has tested a 24h high of $24.74 after bouncing from its low of $23.23, signaling healthy buying pressure and renewed investor confidence. Trading volume remains robust, with 9.72M LINK and over $231.86M USDT exchanged, suggesting active participation from both retail and institutional traders. The price is currently consolidating near resistance, and a breakout above $24.74 could pave the way toward the $25.50–$26.00 zone, which may act as the next major target for bullish traders.

From a trading perspective, LINK is holding above key support at $23.28 with intermediate levels at $22.46 and $21.64. As long as the price stays above $23.20, the market bias remains bullish, with potential for continued upward momentum. Short-term traders can look for breakout opportunities above $24.74, while swing traders may consider buying on dips near support levels for a better risk-reward entry. Strong volume, upward price structure, and market sentiment favor the bulls, making LINK/USDT one of the gainers to watch closely in the coming sessions.