🪙 Analysis and Monitoring of Currency $LINK (Chainlink) – Seize the opportunity and buy from the bottom ⚡️
🔹 Current Purchase Price: 12.64
🎯 Targets:
🎯 Target One: 13.6
🎯 Target Two: 14.8
🎯 Target Three: 16.2
🛑 Stop Loss: 11.9
📌 Let's talk a bit about the currency:
Chainlink is one of the strongest blockchain projects in terms of actual usage, as it connects smart contracts with real-world data outside the network, and it is relied upon by many DeFi protocols and large projects, which keeps it always present in any bull cycle.
📊 Key Technical Indicators:
• RSI indicator is close to the middle areas and provides room for a rebound without being overbought.
• MACD indicator shows weakness in the downward momentum and the possibility of a positive reversal.
• Trading volume is relatively calm and indicates accumulation, not distribution.
• The short-term trend is in a consolidation phase, waiting for a strong movement.
💡 Advice:
Entry should be gradual, and there is no need to rush, be smart in capital distribution.
⚠️ Alert:
Breaking the level of 11.9 consistently may change the scenario, and adhering to the stop loss is essential no matter how convinced you are about the currency
