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Chainlink (LINK) Price Surges 7% Breaking Resistance with Eyes on $30 Target

  • Chainlink (LINK) has surged 7% and broken above the key $16 resistance level, indicating a potential bullish breakout.
  • Price structure of LINK shows higher highs and higher lows, reinforcing bullish momentum in the market.
  • Trading volume of LINK is increasing alongside the price, showing growing investor interest in the cryptocurrency.
  • Chainlink could potentially target $30 as it approaches the breakout point of a bullish wedge pattern, suggesting further uptrend possibilities.

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