Chainlink’s Flamboyant Bull Run: A Tale of Support and Resistance

From the depths of a high-time frame support at $9.49, Chainlink (LINK) has embarked on a most audacious and bullish uptrend, much to the delight of its admirers. The reclaim of both the value area low and the point of control (POC) laid the groundwork for this current romp, propelling LINK into a spirited upward dance. Now, it trades above the value area high, but the path to glory is not without its challenges, as it faces a formidable resistance at $24.88. Conquering this barrier could pave the way for a grander adventure into uncharted territories.




