📈 Chainlink ($LINK ) Technical Outlook
LINK has defended the $6.90–7.20 support zone three times since February, showing strong buyer interest and confirming it as a key demand area. After the latest bounce, price surged above $8 and reached $9.40.
The most likely scenario is a pullback into the $8.00–8.40 zone to sweep liquidity before another move higher. If buyers step in, the next targets are the $9.80–10.00 resistance zone and the major May high at $10.60–10.80.
As long as LINK holds above $8, the bullish structure remains intact. Losing that level could weaken the current setup.
LINK has defended the $6.90–7.20 support zone three times since February, showing strong buyer interest and confirming it as a key demand area. After the latest bounce, price surged above $8 and reached $9.40.
The most likely scenario is a pullback into the $8.00–8.40 zone to sweep liquidity before another move higher. If buyers step in, the next targets are the $9.80–10.00 resistance zone and the major May high at $10.60–10.80.
As long as LINK holds above $8, the bullish structure remains intact. Losing that level could weaken the current setup.