$LINK /USDT LONG TRADE SETUP
is currently trading at 13.390, maintaining positive momentum with a +1.03% gain over the last 24 hours. This price action follows major ecosystem milestones, including the recent SEC approval of the Bitwise spot Chainlink ETF and a new patent for the CCIP protocol's "Risk Management Network". After defending critical support at the 13.026 level, $LINK is showing signs of a potential breakout as technical indicators like the MACD turn bullish on shorter timeframes. The network continues to show fundamental strength, with cumulative fees recently surpassing $6.9 million, signaling growing institutional and developer adoption.
Target Points
TP1: 14.443 (Recent 24h high and immediate resistance zone)
TP2: 15.500 (Key technical target and medium-term resistance)
TP3: 16.500 (Major psychological barrier and breakout target)
Stop Loss
Set stop loss below 12.800 to manage risk against a breakdown of the current support structure.
Buy and Trade here on $LINK
