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$LINK (Chainlink) Technical Analysis: Bullish Momentum and Trend Continuation 🚀
Entry Zone: $9.15 – $9.25
Bullish Above: $9.40
Target 1 (TP1): $9.55
Target 2 (TP2): $9.80
Target 3 (TP3): $10.20+
Stop Loss (SL): $8.90
$LINK is exhibiting strong bullish momentum on the 4H chart, currently trading at $9.29 with a daily gain of +3.34%. The price action shows a successful recovery from the 24h low of $8.98, with the asset now trending toward its 24h high of $9.37. The formation of consistent higher lows on the 4H timeframe indicates sustained buying pressure and a potential attempt to break through local overhead resistance.
The 24h trading volume is robust at 2.28M LINK, totaling approximately $20.88M USDT. This level of liquidity supports the current upward trend and suggests active participation from market players. For a significant bullish continuation, $LINK needs to flip the $9.40 zone into firm support, which would likely accelerate momentum toward the $10.00 psychological barrier.
#LINK #Chainlink #GatePreIPOsLaunchesWithSpaceX