$LINK โ CONSOLIDATION BEFORE THE NEXT MOVE ๐
Chainlink is trading at $24.44 (+0.95%), after touching a 24h high of $24.76 and a low of $23.97. On the 1H chart, price action shows clear consolidation between $24.00โ$24.70, with alternating green and red candles reflecting a tight range. Buyers are holding higher support, while sellers continue to cap upside attempts at $24.70.
This sideways structure signals accumulationโif bulls defend $24.00, a breakout above $24.75 could open the door toward $25.20โ$25.50. On the other hand, failure to hold could extend the range lower.
For now, $LINK is building energy inside this zone, and the next breakout direction will decide the trend.