🚨$LINK /USDT: Watch This Breakout 🚀

$LINK just delivered an impressive +18.80% move, currently trading at $14.347. Here's what the chart is telling us:

What's Happening

After touching a low of $11.61 on November 20th, LINK has surged back with strong momentum. The price recently broke above $14, pushing through the upper Bollinger Band at $14.017. When a coin breaks above this technical level with increasing volume, it signals renewed buying interest and a shift in market sentiment.

The volume bars at the bottom show a notable spike in trading activity – nearly 984.48K LINK traded in the last 24 hours. This increased participation validates the move isn't just noise.

The RSI Story

The RSI(6) indicator sits at 77.825, showing strong buyer control. While this confirms momentum is with the bulls, it also suggests the price might consolidate or pull back slightly before the next move higher. Think of it like a runner catching their breath after a sprint.

What To Watch

The key level to monitor is the $13.20-$14.00 zone. If LINK dips back to retest this breakout area on lighter volume, it could offer a strategic entry point. Healthy pullbacks after strong moves often set the stage for the next leg up.

With 24-hour volume over $13.23M USDT and clear technical momentum, LINK is showing signs of life after its recent consolidation period.

What's your take on this move? Drop your thoughts below!👇

#Chainlink #LINKUSDT #LINKETFToLaunch #DecemberRateCutForecast #CryptoMarketWatch