$LINK looks ready for more growth – I’m watching the whales but not touching the crazy leverage 🔥
Chainlink ($LINK ) just went through a rollercoaster – spiked to $27.87 before cooling off back to the $26 zone. On the hourly chart, I still see strength: the price is holding above key EMAs, and the bounce from $24 indicates that buyers aren’t letting it fall that cheap again.
The news makes it even more interesting – LINK just received ISO 27001 and SOC 2 type 1 certifications, which is a huge step for institutional trust. Add to this Powell's dovish comments regarding the Fed, and it’s no surprise that whales have started actively accumulating LINK.
Here’s my take: I see the chart as bullish, no doubt. But when whales buy, they also try to quickly lock in profits. That’s why I’m not touching high leverage here – it feels like an invitation to get liquidated if they decide to dump. For me, this is a position/low-risk trade until we see how it handles the $27.8–28 resistance zone. A breakout there could open the next stage.