#LINK/USDT Primed for $30: Bullish Patterns and Key Levels

#Chainlink (LINK) is currently undergoing a critical retest of its support level, setting the stage for a potential bounce towards the $30 target. This retest is a significant technical event, as it provides traders with an opportunity to assess the strength of the support and the likelihood of a bullish reversal. Here's a detailed analysis of #LINK/USDT's current situation and the anticipated move to $30.
Immediate Resistance – $25: Before reaching the $30 target, LINK/USDT will likely encounter resistance around $25. This level could act as a short-term hurdle, and breaking above it would pave the way for higher prices.
Primary Target – $30: The main target for this bullish scenario is $30. Reaching this level would signify a substantial gain from the current price and align with the broader market trend.
Immediate Resistance – $25: Before reaching the $30 target, LINK/USDT will likely encounter resistance around $25. This level could act as a short-term hurdle, and breaking above it would pave the way for higher prices.
Primary Target – $30: The main target for this bullish scenario is $30. Reaching this level would signify a substantial gain from the current price and align with the broader market trend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.