🔗 $LINK : $50 comeback starts here
Chainlink’s coin price rose from a $7–9 range. I expect it to reach $50, but it still has several levels to go through before getting there.
I’m watching the $10–12 level in case of a higher-than-expected pullback. Defending this level will keep buyers in control of the recent rebound.
First comes the $16–18 level, followed by the descending trendline and the main supply zone of $26–31.
A weekly breakout above the $31 level, followed by a successful retest, would strengthen the likelihood of reaching $40—and ultimately $50.
This final target represents an increase of approximately 260.1% from the chart price of $13.884.
A weekly close below $7 invalidates this setup.
The opportunity I’m watching is a rebound built on higher lows and confirmed breakouts.
$LINK
Chainlink’s coin price rose from a $7–9 range. I expect it to reach $50, but it still has several levels to go through before getting there.
I’m watching the $10–12 level in case of a higher-than-expected pullback. Defending this level will keep buyers in control of the recent rebound.
First comes the $16–18 level, followed by the descending trendline and the main supply zone of $26–31.
A weekly breakout above the $31 level, followed by a successful retest, would strengthen the likelihood of reaching $40—and ultimately $50.
This final target represents an increase of approximately 260.1% from the chart price of $13.884.
A weekly close below $7 invalidates this setup.
The opportunity I’m watching is a rebound built on higher lows and confirmed breakouts.
$LINK
