🔥 Chainlink (LINK) — Chart Analysis and Trade Setup

LINK bounced back strongly after the recent crash but ran into a key resistance at ~$22.

This level has proven to be a major hurdle, and until LINK breaks above it, there’s no clear confirmation for further upside.

Trade Setup & Key Levels
▸ Breakout trigger: A move above $22 would provide a clear short-term play.
▸ First profit target: $25.50, which offers a 17% upside from the breakout level.
▸ Extended target: If momentum continues, $27.50 would be the next major resistance.
▸ Profit-taking strategy: Selling 30-50% at $25.50 and letting the rest ride towards $27.50 could be a smart approach.

Final Thoughts
LINK’s structure remains strong, but for now, it needs to break $22 to confirm bullish continuation.

$LINK