LINK has broken out of an Inverse Head and Shoulders pattern, signaling a bullish reversal and potential for further upward movement.
Strong support has formed around $14.90 and beyond, reinforcing bullish momentum as LINK approaches the key $16 resistance level.
Upside targets for LINK include $17.60 and beyond, contingent on favorable broader market conditions, with a focus on Bitcoin's price action.
Chainlink shows strong momentum with $17.60 in sight, as it hovers near the crucial $16 resistance level amidst mounting bullish momentum and market uncertainty.