$LINK Chainlink is currently trading around $7.35, showing consolidation after testing recent highs near $8.10. The market has formed a strong support base around $6.80, which now acts as a critical level for buyers. Price action indicates accumulation, with dips attracting buying interest, suggesting the potential for the next upward impulse. Volume patterns confirm that smart money is entering near support zones.
🔑 Key Levels to Watch:
🟢 Major Support:
$6.80 – Immediate support
$6.50 – Strong structural support
🔴 Major Resistance:
$7.80 – Short-term resistance
$8.10 – Breakout confirmation level
📈 Trading Plan:
Bullish Scenario:
A 4H close above $7.80 could drive LINK toward $8.10 and potentially $8.50.
Bearish Scenario:
A breakdown below $6.80 may lead to a retest of $6.50 support.
⚡ Traders should wait for confirmation before taking positions and manage risk carefully — structure is key to identifying high-probability moves. $LINK
📌 Not financial advice. Trade with proper risk management.
Disclaimer: I am not your financial advisor.
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