Take a trade with $LINK
Here's why I believe it matters for this week: Whales just loaded millions in $LINK. In the
last day, whales have been active, acquiring over half a million $LINK worth around $14 million, the majority of which was taken directly from Binance.
That type of move, which is evident on the 1D chart, typically indicates conviction rather than a fast flip.
After rising from $23 and most recently touching highs close to $26.7, LINK is currently trading at about $24.48, remaining stable.
Strong support is forming around the short-term EMA at $23.8, which corresponds with this accumulation wave, according to the chart. In the upcoming week,
I see LINK making a run towards $28–30 if bulls can break past the resistance zone at $25–26.