📈 Chainlink ($LINK ) Technical Deep Dive
🔹 Market Bias: Cautiously Bullish
Bullish signals: Falling-wedge breakout, MACD cross, RSI rising above 50
Mixed indicators: RSI around neutral, some signs of overbought short-term
🎯 Entry Point
$15.00–$16.00 zone offers a strategic entry: supports from channel trendline and buying volume concentrated around $14.60–$15.00
A breakout above $17.00 (the recent resistance) strengthens the bullish case
🌊 Liquidity Zones
Support cluster: $14.50–$15.00 (strong on‑chain buyers)
Major support: $12.50–$13.00 (200‑day MA area)
Resistance targets: near $17.00; then $19.00 ➝ $20.00
🧩 Stop Loss Levels
Primary SL: just below entry zone at $14.50, or tighter at $14.00 for $15 buys
Broader SL: below $13.00, tied to 200‑day MA — a break here signals deeper pullback
Short-Term $17.00–$18.00
Mid-Term $19.00–$20.00
High-End $25.00–$27.00
⚠️ Bearish Scenario
A drop below $14.50–$14.00 invalidates bullish case
A break below $13.00 (200‑day MA) may lead to $12 or even $11–$12 range
Watch for MACD rejecting or RSI falling back under 50
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