ChainLink has once again proven its mettle by successfully defending the demand zone for the fourth consecutive time. This defense is a testament to the substantial demand for LINKUSDT that refuses to waver.
Adding to the impressive show of strength, a simple uptrend trendline stepped into the spotlight, showcasing a bounce that echoes the resounding demand for ChainLink. The story here is clear: there's a substantial appetite for LINKUSDT, and the market is signaling a strong vote of confidence.
So, what's on the horizon? Be prepared for a continuation of the upside move, a path that seems almost inevitable given the current scenario. The nearest resistance is at 161.8% Fibonacci retracement level. The stage is set for a grand performance, and we anticipate this level to be tested in the coming weeks.
Adding to the impressive show of strength, a simple uptrend trendline stepped into the spotlight, showcasing a bounce that echoes the resounding demand for ChainLink. The story here is clear: there's a substantial appetite for LINKUSDT, and the market is signaling a strong vote of confidence.
So, what's on the horizon? Be prepared for a continuation of the upside move, a path that seems almost inevitable given the current scenario. The nearest resistance is at 161.8% Fibonacci retracement level. The stage is set for a grand performance, and we anticipate this level to be tested in the coming weeks.
Trade closed: target reached:
And today we got our target reached. But, it could be not over at all. If LINK breaks higher, and then finds the support at our resistance level, we might see a huge rally ahead.