LINK/USD: Holding Support, but Resistance Remains Strong
🔥 FinCaesar Strategy:
🩸 Short: Below $22.50, targeting $21.80 and $21.00. The MACD remains weak, and price struggles to hold above key moving averages.
🩸 Long: Above $23.50, aiming for $24.50 and $26.00. Bulls need strong volume confirmation to regain momentum.
🔥 FinCaesar Commands:
🩸 Resistance: $23.50 — A breakout above this level could push LINK toward $24.50 and higher.
🩸 Support: $22.50 — Losing this level may result in a drop toward $21.80 or lower.
Chainlink is in a consolidation phase, attempting to hold support while MACD shows mixed momentum. A decisive move above $23.50 is needed for bullish confirmation, while a drop below $22.50 could trigger further downside.
👑 "Control the battlefield by seizing key positions before the enemy acts." — FinCaesar
🩸 Short: Below $22.50, targeting $21.80 and $21.00. The MACD remains weak, and price struggles to hold above key moving averages.
🩸 Long: Above $23.50, aiming for $24.50 and $26.00. Bulls need strong volume confirmation to regain momentum.
🔥 FinCaesar Commands:
🩸 Resistance: $23.50 — A breakout above this level could push LINK toward $24.50 and higher.
🩸 Support: $22.50 — Losing this level may result in a drop toward $21.80 or lower.
Chainlink is in a consolidation phase, attempting to hold support while MACD shows mixed momentum. A decisive move above $23.50 is needed for bullish confirmation, while a drop below $22.50 could trigger further downside.
👑 "Control the battlefield by seizing key positions before the enemy acts." — FinCaesar
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.