$LINK is holding in a tight range between $21.48 (support) and $24.38 (resistance), having recently broken above this resistance level. Whale accumulation is ongoing and the breakout from a downward trendline suggests the potential for further upward movement.

Fibonacci Levels

Recovery Status: LINK is trading above the Fibonacci retracement level of 0.618 (~$20.25), reinforcing the bullish structure established since mid-2025. A double bottom breakout at ~$15.39 further enhances bullish sentiment.

Key Price Areas:

Support: ~$20.25–$21.48

Resistance: ~$24.38 and the psychological zone near $26–$30

RSI

Value: Estimated to be neutral or slightly bullish (not overbought).

Interpretation: Continued upward momentum remains feasible without a significant risk of an immediate correction.

Entry Areas

Safe Entry: Around $23.00–$24.00, after confirming sustainable support above $24.38.

Aggressive Entry: At the current level (~$24.40). Focus on momentum and whale accumulation trends.

Take Profit Areas

TP1: $26.30 (first major resistance)

TP2: $30.00–$33.00, representing extended bullish territory supported by Fibonacci extensions and historical breakout targets.

Stop Loss Ideas

Conservative Stop Loss: Below $21.48 – invalidating the current support level.

Tight Stop Loss: Just below the recent breakout level (< $24.00) to limit losses in case of a reversal.