đš LINK Trade Update đš
Chainlink (LINK) is now at $16.25 and sitting on a strong support level.
This is a good spot for a quick bounce trade if support holds.
đ Buy Zone: $16.20 â $16.30
đ Stop-Loss: $16.00 (exit if it drops below this)
đŻ Target 1: $17.20
đŻ Target 2: $17.70 â $18.00
Why?
Price is near the bottom of the Bollinger Band (often a bounce area).
RSI is low â market is not overbought.
Strong support from past candles in this zone.
â Risk: If LINK falls below $15.80, it could drop to $15 or lower before the next bounce.
đ For the bull run ahead, LINK has the potential to touch $25â$40+ if the crypto market stays strong.
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LINK
8.96
+4.18%