Chainlink poised for $24–$26 push after breakout; buy on weakness
I see Chainlink breaking above key resistance and targeting $24–$26 within the next 30 days based on the recent breakout momentum.
I expect short-term consolidation or a retest around $21–$22 before the next leg higher, so upside may not be immediate.
I plan to scale in on weakness and keep position sizing tight with stop-loss discipline if the retest extends.
Analysis
LINK has cleared key resistance, suggesting momentum toward the $24–$26 zone, but a near-term pause or retest around $21–$22 is likely as buyers absorb gains; risk management remains important.
Recommendation
Consider buying on weakness around the $21–$22 retest and scale in toward the breakout, using tight stops and size limits to manage downside risk.
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.