💥 $LINK: Bullish Reversal Imminent? 🚀

Chainlink ($LINK) has been consolidating between $13.15 and $11.61, but a key signal is flashing. 📈

The RSI is showing a positive divergence – meaning selling pressure is weakening. This could trigger a breakout above the 50-day SMA and propel $LINK towards $15.01. A break above this level could confirm the end of the downtrend.

However, watch out! A drop below $11.61 would signal continued bearish control, potentially leading to a fall towards $7.90. Keep a close eye on this one. 👀

#Chainlink #LINK #CryptoAnalysis #Altcoins 🚀

LINK
LINKUSDT
13.29
+6.18%