$LINK is currently trading at $24.14 against USDT, indicating strong bullish momentum supported by recent network developments and increasing oracle adoption. The immediate support level is around $23.50, where buyers have previously shown strong interest, forming a crucial area to maintain bullish momentum. If this level holds, the next major support is near $22.80, acting as a solid safety net in case of short-term corrections.

On the bullish side, resistance is seen near $24.80, where selling pressure tends to appear due to recent price rejections. A decisive breakout above this level could pave the way towards $26.00, marking the next important resistance area.

Traders should monitor the increase in volume at these key levels, as they indicate stronger price movements. Holding above $23.50 keeps LINK in a bullish structure, while closing below $22.80 could signal a potential correction.