$LINK

usdt Technical analysis

Current price :$$25.67

$LINK /USDT is bullish above $25.00, with eyes on $26.50 and $28.00. Strong fundamentals (CCIP adoption, whale accumulation) are fueling the pump. Corrections toward $24.80 can be healthy entry zones if momentum sustains

Key Levels

Support: $24.80 – $25.00 (near-term demand zone)

Major Support: $23.50

Resistance: $26.20 – $26.50 (immediate supply zone)

Major Resistance: $28.00 – $28.50 (next breakout target if momentum continues)

Reason for Pump

1. Chainlink Adoption News: Recent integrations of Chainlink’s CCIP (Cross-Chain Interoperability Protocol) with multiple blockchains are boosting investor confidence.

2. Whale Accumulation: On-chain data shows large wallets increasing LINK holdings.

3. DeFi Revival: LINK is crucial for oracles in DeFi; as DeFi activity picks up, demand for LINK rises.

4. BTC Market Rally: Bitcoin’s strength has lifted major altcoins, with LINK being one of the top beneficiaries.