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#LINK
🔥LINK has been trading within a narrow range recently, but this calm often signals that a storm is approaching🌪️— once the range is broken, the market is likely to rapidly expand.
📈 Bullish Scenario: Breakout to the upside
If the price breaks above and closes above the 50-day moving average of $14.61, it indicates that the bulls are officially taking control of the market💪
Once momentum kicks in, LINK could potentially surge to $19, offering considerable room for growth🔥
📉 Bearish Scenario: Accelerate downward
Conversely, if the price sharply breaks below the 20-day moving average of $13.8, it indicates that the bears still hold the rhythm⚠️
In this case, LINK may quickly dip to the strong support level of $10.95, which is expected to attract bottom-fishing capital.
🎯 Key Price Levels
Above $14.61: Bulls gain the advantage
Below $13.8: Bears continue to dominate
The longer the consolidation, the more fierce the breakout will be