LINKUSD – Bullish Momentum Resumes on Daily Chart
Chainlink is showing renewed bullish momentum on the daily chart after rebounding sharply from the $13.58 support zone. The price action has reclaimed the $15.30–15.50 resistance area, signaling potential for a continued upward move. MACD is on the verge of a bullish crossover, while RSI is trending higher above the neutral 50 line, confirming growing strength in buyer momentum.
The structure resembles a breakout from a bullish pennant, with a possible target toward $17.95 if momentum holds. Immediate support lies at $14.80 and $13.90. A daily close above $15.60 on strong volume would confirm the bullish continuation.
Chainlink is showing renewed bullish momentum on the daily chart after rebounding sharply from the $13.58 support zone. The price action has reclaimed the $15.30–15.50 resistance area, signaling potential for a continued upward move. MACD is on the verge of a bullish crossover, while RSI is trending higher above the neutral 50 line, confirming growing strength in buyer momentum.
The structure resembles a breakout from a bullish pennant, with a possible target toward $17.95 if momentum holds. Immediate support lies at $14.80 and $13.90. A daily close above $15.60 on strong volume would confirm the bullish continuation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.