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Chainlink (LINK) Defends $15.29 Support – Bullish Breakout on the Horizon?

Chainlink (LINK) Defends $15.29 Support – Bullish Breakout on the Horizon?

Published:
2025-05-09 19:04:12
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Chainlink LINK News -

Chainlink (LINK) shows resilience as it consolidates NEAR the critical $15.29 support level, a historical springboard for bullish momentum. The asset’s ability to hold this zone suggests a potential setup for another upward leg.

Market sentiment remains cautiously optimistic, with bulls defending the support level. LINK’s recent price action indicates a healthy pullback before resuming its uptrend, reinforcing the case for continued strength.

Traders are eyeing a decisive breakout above key resistance levels. A sustained hold above $15.29 could open the door to higher price targets, while a breakdown may trigger short-term consolidation.

|Square

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