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buy on weakness
LINK

LINK Pullback Looks Like a Buying Opportunity Toward $24.74

I see Chainlink (LINK) falling 6.86% to $22.27, but I believe the pullback hasn't derailed the bullish setup.

RSI around 63.51 and solid support near $15.43 point to underlying strength, while $24.74 is the near-term resistance to watch.

I would consider accumulating on further weakness toward support while keeping an eye on the $24.74 breakout level for confirmation.

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Analysis

Despite the daily decline, momentum indicators (RSI ~63.5) and clearly defined support at $15.43 suggest the bullish trend remains intact; near-term resistance sits at $24.74 and will be decisive for ...

Recommendation

Buy on weakness: consider adding on pullbacks toward support with a target near $24.74 and risk managed with a stop below the $15.43 support area or your own risk threshold.

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.

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