$LINK
📌 Current Situation
LINK is trading around $14.4–$14.5.
Recent developments — the listing of the first Grayscale Chainlink Trust ETF (GLNK) — have triggered renewed interest in LINK.
Market sentiment remains mixed: some technical indicators signal caution, while others hint at potential upside.
📈 Bullish Signals
1. Strong Bounce from Support
The price bounced from the $12 zone, showing buyers are active.
Volume spike confirms strong buying interest.
2. Moving Toward Resistance R1
First resistance: R1 = $16.54
If LINK breaks and closes above $15, a rally toward $16.50–$17 is likely.
3. Uptrend Channel
The red dotted trendline shows LINK moving in an ascending channel.
As long as LINK stays above $14, bullish momentum continues.
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