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Chainlink Primed for $28 Breakout: August Retest Could Ignite LINK’s Next Rally
Chainlink Primed for $28 Breakout: August Retest Could Ignite LINK’s Next Rally
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Chainlink's oracle network is flashing bullish signals as traders eye a potential retest of $28 resistance. The smart money's betting August could deliver the breakout—just don't tell the 'buy the rumor, sell the news' crowd.
Technical setup suggests accumulation. LINK's price action mirrors historical patterns before major runs, though skeptics note the token still trails its 2021 ATH by 60%. Typical crypto—always one 'imminent breakout' away from glory.
Oracle dominance meets market timing. With institutional adoption of hybrid smart contracts growing, Chainlink's infrastructure play might finally get its valuation moment. Or it'll be another 'next month is our month' for bagholders.
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