Chainlink LINK Shows Bullish Momentum as SuperTrend Signals Buy

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Chainlink LINK Shows Bullish Momentum as SuperTrend Signals Buy – $18 Target in Sight

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2025-05-02 03:19:14

Chainlink LINK News -

Chainlink’s LINK token is displaying signs of a bullish reversal after the SuperTrend indicator triggered a buy signal on the daily chart. The cryptocurrency successfully broke through the $14.20 resistance level, closing at $14.99, indicating potential for accelerated upward momentum.

A sustained breakout could push LINK toward $16, with $18 emerging as a near-term target if buying pressure continues. However, failure to maintain support above $14 would invalidate the signal, potentially driving prices back to test the $13.20 support level.

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