LINK (Chainlink) shows strength and approaches key resistance

After a period of consolidation, LINK is pushing higher again, now testing the $14 zone with a bullish recovery structure forming.

📊 [Daily Chart – LINK/USDT]

‱ Current price: $13.78 (+0.15%)

‱ RSI(6): 61.91 → rising from neutral zone, gaining strength

‱ Volume: healthy, no signs of exhaustion

‱ EMAs:

 â†Ș EMA7: $13.39 ✅ (price above)

 â†Ș EMA25: $13.43 ✅ (also broken)

 â†Ș EMA99: $14.45 ❌ (still acting as macro resistance)

LINK is showing a clear recovery after bottoming out at $10.94.

Breaking above short- and mid-term EMAs adds to bullish momentum, but EMA99 remains the line to beat.

📌 Key levels to watch:

‱ Immediate resistance: $14.45 (EMA99)

‱ Support: $13.43 (EMA25) and $12.99 (recent consolidation zone)

🟱 Strategy outlook:

→ DCA could make sense at current levels for long-term believers in Chainlink's network.

→ A true breakout would require a daily close above $14.50 with strong volume.

→ Otherwise, price may consolidate between $13–$14 before next move.

✍ Technical Summary:

☑ EMA7 and EMA25 reclaimed

☑ RSI trending upward

⚠ EMA99 remains a key resistance

🔾 Volume consistent — no speculative spikes

⏳ Aggressive entries need confirmation above $14.50

Disclaimer: This is an educational market analysis. Not financial advice. Always do your own research.

$LINK

#LINKupdate #ChainlinkAnalysis #CryptoReading #TechnicalBreakout #Write2Earn