📉 #Chainlink $LINK Struggles at $30 Resistance


LINK dipped 2% as strong selling pressure above $30 holds back its growth, even as Bitcoin surges past 100K$.


🐋 Whale Moves Signal Bullish Intent

A whale has withdrawn 529,999 LINK ($15.5M) from exchanges over three days, hinting at long-term holding or staking. Reduced sell pressure could support LINK's recovery.


📊 Key Support Zones to Watch

*/ $25.6: Critical support tied to 23.6% Fibonacci and 20-day EMA.

*/ $22.2: Additional support at 50% Fibonacci retracement.


A bounce from these levels could drive LINK to $31 and potentially $36 (+30%). Traders should watch volume and support tests for breakout signs.

#Altcoin Season# #LINK

image
image
image
image
December 18, 2024 at 3:01 AM
11
203
22