don't buy
Chainlink: $22 Unlikely This Season; $1.70 Pullback Possible
$22 would equate to roughly a $17 billion market cap — about where Chainlink sits right now. I think it's unlikely we'll see that level this season. A fall to around $1.70, however, could happen in my view.
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Analysis
The core of the opinion compares price targets to market-cap levels, noting that $22 corresponds to about a $17 billion market capitalization and suggesting that outcome is unlikely within the current...
Recommendation
Given the view that $22 is unlikely this season, I would advise caution and to avoid initiating sizable long positions at current levels. Waiting for clearer market signals or a confirmed breakout red...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.