*📊 $LINK Calm Before the Breakout? Pressure Mounting Below $13.30 📈*
$LINK is consolidating just beneath the $13.30 resistance, showing signs of strength after a steady climb from $10.10. Let's analyze the situation:
*Key Stats:*
- *Current Price:* $13.16 (+2.81%)
- *24h High / Low:* $13.23 / $12.43
- *Volume:* 3.50M
- *RSI(6):* 68.22 (approaching overbought territory)
- *StochRSI:* 38.63 (room to stretch higher)
*Bullish Structure:*
- *Higher Lows:* A series of higher lows and tighter consolidation suggests #LINK is gearing up for a move
- *Buyers Stepping In:* Despite a minor intraday dip, buyers are gradually stepping back in
*Breakout Potential:*
- Reclaim $13.29–$13.35: If bulls reclaim this zone, expect an acceleration toward $13.80 and even $14.10
- *Volume Surge:* A volume surge near resistance could be the breakout trigger
*Support and Breakout Zones:*
- *Support Zone:* $12.60–$12.40
- *Breakout Zone:* $13.30–$13.35
*Trading Strategy:*
- *Watch Closely:* Keep alerts on, and don’t blink – this setup is tightening, and smart money might already be positioning
- *Breakout Confirmation:* If the breakout confirms, #LINK could run fast