๐ $LINK /USDT Analysis & Forecast ๐น
Chainlink (LINK/USDT) is trading at $24.27, up +0.91%, after bouncing from its 24h low of $23.36. The token is showing short-term bullish signs as it approaches resistance near $24.95.
๐ Analysis:
Support: $23.36 โ $23.94
Resistance: $24.95 โ $25.43
Volume: 11.87M LINK (active trading momentum observed)
๐ Forecast:
Bullish Scenario: A break above $24.95 could lead LINK toward $25.50 โ $26.00.
Bearish Scenario: Failing to hold $23.94 may trigger a retest of $23.36 โ $23.20 support levels.
โก Outlook: LINKโs fundamentals and strong on-chain activity suggest the market may favor upside in the short term.