💰 LINK Analysis: What’s Next for Chainlink 👀
Chainlink (LINK) is currently consolidating within an ascending triangle pattern, a classic bullish continuation setup in technical analysis. As the price action narrows, LINK is approaching its ascending support level, a critical zone to watch in the coming sessions. 🧐
If LINK bounces off this support, it could confirm the continuation of its bullish trend, signaling potential for upward momentum. Traders and investors should closely monitor this level for signs of strength.
Upside targets to watch:
$12.80 – Initial resistance and potential breakout level
$15.00 – A strong psychological and technical target
With momentum building and market sentiment turning optimistic, LINK could be poised for another leg up — provided it maintains support.
Stay tuned and keep an eye on the charts!
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