$LINK is looking strong on the daily chart ๐
Chainlink has made a strong move higher and is now consolidating around $12.3 after breaking out from the lower range.
Price is still holding above the Bollinger middle band around $11.40, which keeps the bigger picture bullish. The main level to watch now is $12.60. A clean breakout above that area with strong volume could open the door toward $13.50+.
At the same time, MACD momentum is cooling slightly, so Iโd avoid chasing and wait for confirmation.
๐ Key levels
Support: $11.40 โ $10.20
Resistance: $12.60 โ $13.57 โ $15.40
If LINK flips $12.60 into support, the next leg could get interesting.
#LINK #Chainlink #LINKUSDT #CryptoTrading #Altcoins
Chainlink has made a strong move higher and is now consolidating around $12.3 after breaking out from the lower range.
Price is still holding above the Bollinger middle band around $11.40, which keeps the bigger picture bullish. The main level to watch now is $12.60. A clean breakout above that area with strong volume could open the door toward $13.50+.
At the same time, MACD momentum is cooling slightly, so Iโd avoid chasing and wait for confirmation.
๐ Key levels
Support: $11.40 โ $10.20
Resistance: $12.60 โ $13.57 โ $15.40
If LINK flips $12.60 into support, the next leg could get interesting.
#LINK #Chainlink #LINKUSDT #CryptoTrading #Altcoins
