🚨 The trading range of #LINKUSDT is narrowing - we may witness a breakout soon
#Chainlink is currently trading within a clearly defined range, with support at $11.8 and resistance at $14.5.
On the shorter time frame, #LINK has broken out of its descending channel, which is an early indicator of a slowdown in the bearish momentum.
As long as the price remains above the support level at $11.8, there is a strong likelihood of the price returning to the top of the range at $14.5. $LINK
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BasheerAlgundubi
· 12-21 11:45
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As long as the price remains above the support level at $11.8, there is a strong likelihood of the price returning to the top of the range at $14.5.
🚨 The trading range of #LINKUSDT is narrowing - we may witness a breakout soon
#Chainlink is currently trading within a clearly defined range, with support at $11.8 and resistance at $14.5.
On the shorter time frame, #LINK has broken out of its descending channel, which is an early indicator of a slowdown in the bearish momentum.
As long as the price remains above the support level at $11.8, there is a strong likelihood of the price returning to the top of the range at $14.5.
$LINK