LINK Chart (Source TradingView) Chainlink (LINK) is currently trading inside a horizontal channel. The price has formed strong support around the $8.00 level, which has acted as a key demand zone in the past, including during the crypto crash. Buyers are actively defending this area. As long as LINK holds above $8.00, the structure remains bullish, and a reversal is possible. However, price is currently facing rejection near $8.50, which is acting as a short-term resistance level. A strong breakout and sustained move above $8.50 would confirm a bullish continuation and could push LINK out of the current channel. In that case, the next major liquidity area lies around $11.50. If this breakout holds, LINK may see a potential move of approximately +20% from current levels. _____________________ Get Daily Crypto Updates & Trade Signals! Join our free Telegram channels for: ✅ Market updates ✅ Spot & Futures signals Join now: 👇 Telegram: https://t....
Gold is currently trading at $5,190 after a sharp dip that helped cool down overbought conditions. This pullback was healthy for the market, allowing price to stabilize before moving higher again. During the early Asian session, Gold showed renewed strength and started to rise. Gold Chart (Source TradingView) At the moment, Gold is respecting its current upward trendline. As long as the price remains above this trendline, the overall short-term outlook stays bullish. The next major target is the $5,247 resistance level , where Gold previously faced strong rejection. A successful move toward this level is possible if buying momentum continues. Technical indicators are also supporting the bullish view. The MACD shows decreasing selling pressure, which suggests that bears are losing control. At the same time, the RSI remains in a positive zone, indicating steady momentum in favor of buyers. If Gold manages to break above $5,225 , it could make another strong attempt to break the $...