📈 Chainlink ($LINK ) Technical Deep Dive

🔹 Market Bias: Cautiously Bullish

Bullish signals: Falling-wedge breakout, MACD cross, RSI rising above 50

Mixed indicators: RSI around neutral, some signs of overbought short-term

🎯 Entry Point

$15.00–$16.00 zone offers a strategic entry: supports from channel trendline and buying volume concentrated around $14.60–$15.00

A breakout above $17.00 (the recent resistance) strengthens the bullish case

🌊 Liquidity Zones

Support cluster: $14.50–$15.00 (strong on‑chain buyers)

Major support: $12.50–$13.00 (200‑day MA area)

Resistance targets: near $17.00; then $19.00 ➝ $20.00

🧩 Stop Loss Levels

Primary SL: just below entry zone at $14.50, or tighter at $14.00 for $15 buys

Broader SL: below $13.00, tied to 200‑day MA — a break here signals deeper pullback

Short-Term $17.00–$18.00

Mid-Term $19.00–$20.00

High-End $25.00–$27.00

⚠️ Bearish Scenario

A drop below $14.50–$14.00 invalidates bullish case

A break below $13.00 (200‑day MA) may lead to $12 or even $11–$12 range

Watch for MACD rejecting or RSI falling back under 50

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$LINK

LINK

13.67

-2.98%

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