#treadersleauge Chainlink (LINK) has shown mixed momentum in the LINK/USDT trading pair within the #TradersLeague competition. Currently priced around $16.20, LINK is consolidating after recent bullish activity. Short-term resistance lies near $16.80, with support around $15.60. A breakout above $17 could confirm renewed bullish strength, while a drop below $15.50 might trigger further downside pressure. Technical indicators suggest neutral to mildly bullish sentiment, with RSI hovering near 54 and MACD showing a flattening trend. Traders are watching closely for volatility triggers like macroeconomic data or Bitcoin’s movement. Overall, LINK remains a key contender in the league due to its strong fundamentals, active development, and relevance in the decentralized oracle space. Caution and tight risk management are advised.
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