$LINK /USDT TECHNICAL ANALYSIS: BULLISH MOMENTUM BUILDING ABOVE KEY SUPPORT ZONE 🔥📈
Chainlink ($LINK) continues to show strength as it consolidates above the $21.90 – $22.00 support region. The recent price action around $22.24 signals accumulation, with bulls defending lower levels despite moderate market volatility.
📊 Key Levels:
Support: $21.90 / $21.30
Resistance: $22.90 / $23.50
24h Range: $21.93 – $22.94
Volume: 2.28M LINK
The 4-hour chart shows higher lows forming, suggesting that buyers are gradually stepping in. A clean breakout above $22.90 could ignite a rally toward $24.50, while failure to hold $21.90 may trigger short-term pullback to $21.20.
🔍 Indicators:
RSI hovering near 58, indicating bullish momentum but not yet overbought.
Moving averages aligning for a potential golden cross on shorter timeframes.
Volume uptick supports the possibility of a breakout continuation.
🚀 Outlook:
As long as $LINK trades above $21.90, the market bias remains bullish. Watch for a confirmed move above $23.00 for further upside continuation toward $25 in the coming sessions.
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