$LINK / USDT - Showing Stability Around $13 on Binance 🔗
Hey Chainlink community on Binance! 👋
Taking a look at the 4-hour chart for $LINK / USDT, we see the price currently hovering around $13.02.
Here's a quick overview:
* Current Price: $13.02
* Slight Daily Gain: +1.17%
* Recent 4h Change: -$0.01 (-0.08%) - indicating relatively stable price action in the short term.
* 24h High: $13.10
* 24h Low: $12.70
* Moderate 24h Volume (LINK): 1.12M
* Decent 24h Volume (USDT): 14.50M
Observations:
* $LINK appears to be trading within a relatively tight range on the 4-hour timeframe, suggesting a period of consolidation around the $13 mark.
* The recent 4-hour candle shows minimal price movement.
* The trading volume is moderate.
Key levels to watch:
* Resistance: The 24-hour high around $13.10 could act as near-term resistance.
* Support: The 24-hour low around $12.70 might provide support if the price dips.
What are your thoughts on Chainlink's current price action? Do you anticipate a breakout from this range soon? Share your analysis below! 👇