Chainlink’s 4.91% Rebound Leaves LINK Below Key Resistance Levels

Chainlink (LINK) gained 4.91% over 24 hours to $13.49 on Binance spot but remained below resistance at $13.72 and $13.94. The session range was $12.84 to $13.51. LINK’s 20-day simple moving average stood at $13.76, with support levels at $13.05 and $12.61 and a pivot at $13.28. At $13.49, LINK was $0.33 above the $13.160 downside trigger and $2.29 below the $15.780 upside trigger. A close above $15.780 was associated with a possible move toward $21.50, while a close below $13.160 was associated with a possible move toward $12.041. Neither scenario carried an assigned probability. Momentum readings were mixed.

Source: TokenPost