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Chainlink (LINK) Shows Bullish Signals as Price Eyes $13.5 Rebound
Chainlink (LINK) Shows Bullish Signals as Price Eyes $13.5 Rebound
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Chainlink LINK News -
Chainlink (LINK) is displaying early signs of bullish momentum after testing support NEAR $11.00, with its current price at $11.82. The token has formed a rounded base pattern on the daily chart, indicating potential upward movement.
Technical indicators suggest a possible rebound, as the Bollinger Bands widen and LINK bounces from the lower band at $11.51 toward the midline at $13.36. A sustained MOVE above $12.00 could set the stage for a test of the $13.20–$13.50 resistance zone.
The RSI at 33.63 signals that LINK may be undervalued, attracting dip-buyers. However, failure to hold above $11.50 could trigger another decline toward the $11.00 support level.
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