🔹 Chainlink ($LINK ) – Eyeing $31, Then $47 🔹

📍 Current Status:

+9% move today

Testing $23 resistance — already briefly broke intraday

Holding key micro support between $19.00–$20.85

Long-term target projection: $47 (milestone before higher levels like $84–$120)

📊 Key Levels to Watch:

$23.00 – Critical breakout level to unlock $31–$47 zone

$25.00 – Next micro resistance; decisive break could confirm direct breakout into third wave

$31.00 – Major resistance from Dec 24 swing high

$47.00 – Projection target if breakout holds

$19.00 – Key support; break below signals possible wave two pullback before next rally

📈 Scenarios:

Bullish: Hold above $23 → Break $25 → Target $31 then $47

Pullback Setup: Drop below $19 → Potential wave two → Reload for breakout attempt

Bearish Invalidations: Sustained drop below $19 could delay breakout and shift structure

💡 Market Takeaway:

LINK is showing strong momentum with today’s +9% surge. $23 is the short-term trigger for higher prices, while $25 is the “direct breakout” confirmation level. Path to $31 and $47 remains intact if support holds.

#LINK #Chainlink #CryptoUpdate #Altcoins #ElliottWave #BinanceSquare