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Chainlink (LINK) Eyes Bullish Breakout as Critical Support Holds Strong
Chainlink (LINK) Eyes Bullish Breakout as Critical Support Holds Strong
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Chainlink LINK News -
Chainlink’s LINK token is gaining significant market attention with a potential bullish breakout, currently testing crucial support levels after a 30% monthly increase. The rally is fueled by strategic partnerships and growing demand for decentralized oracle solutions.
Technical analysts identify the $14-$15 range as a key support zone. "Holding this level could confirm a higher low structure," says Michael van de Poppe, targeting $19.77 as the next resistance level. Traders are closely monitoring for continuation signals as buying momentum builds.
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