ChainLink (LINK/USDT)
2024-11-18

The chart for ChainLink (LINK/USDT) suggests a breakout from a descending wedge pattern, signaling bullish potential.

Key Levels:
Support Zone: $12.87–$13.50 (retest area).
Stop Loss: Below $8.70 to manage risk.
Target 1 (T1): $20.02
Target 2 (T2): $26.21
Target 3 (T3): $32.40
Recommendations:
Entry Point: Consider buying on a retest near $12.87 if support holds.
Risk Management: Place a stop-loss below $8.70.
Outlook: A confirmed breakout and volume increase could drive prices to higher targets, with $32.40 as the long-term goal.

