🔍💠 Analysis and Monitoring of Currency $LINK (Chainlink) 💠🔍
📌 Purchase Price: 13.3
🎯 Targets:
• 🎯 First Target: 14.3
• 🎯 Second Target: 14.9
• 🎯 Third Target: 15.6
🛑 Stop Loss: 12.9
Chainlink is one of the strongest oracle projects in the market, with extensive practical use among projects as it connects real-world data with blockchain.
The price is currently in a suitable area for gradual purchasing, especially since it is close to an important support level in the market.
📈 Technical Indicators:
• RSI Indicator is at a balanced level and shows no negative saturation.
• MACD provides signals of a potential positive crossover if the momentum continues.
• The short-term trend maintains a slight upward path above support of 13.5.
💡 Advice: Divide your entry into multiple batches, and do not rely on a full entry at once… gradual entry will ease your position and reduce risk.
⚠️ Warning: Any clear break below the level of 13.5 with high trading volume should be monitored as it may push the price back to a lower support area