📈 Chainlink $LINK Bullish Buy & Hold Setup
Chainlink $LINK is showing strong bullish momentum, currently trading around $22.26. The price has already broken through important resistance levels and is now testing a higher zone. If it pushes above $24 we could see a move toward the yearly high of $30.93.
🔑 Key Levels to Watch
Support: $20.25 previous resistance now support
Resistance 1: $26.46 Fibonacci 0.786 level
Resistance 2 / Target: $30.93 2024 high
📊 Technical View
The price is close to breaking the $24 level, which could open the way for a rally.
The RSI is high showing strong momentum but also warning that a short pullback is possible.
🎯 Trade Plan
Safer Entry: $21.50 – $22.00 buy near support
Aggressive Entry: $23.50 – $24.00 (buy if breakout confirms)
Take Profit Targets:
TP1: $26.46
TP2: $30.93
Stop Loss Options:
Conservative: $19.50 below key support
Tight: $21.00 just under current support
👉 In short: $LINK looks bullish. A breakout above $24 could drive price toward $31. Buying near support $21 to 22 is safer while chasing the breakout at $24 is more aggressive. Manage risk with stop losses.