🟡 #Analytics #Chainlink

The price of LINK/USDT coins corrected to the lower boundary of the medium-term range and formed a consolidation above the support zone between the levels of 16.55 - 17.35.

📈The nearest resistance is at 18.45, the breakdown of which by the #LINK price upwards will increase the probability of resumption of the uptrend with targets in the range of 20.00 - 20.75.

📉If the LINK price breaks and consolidates below the support at 16.55, the beginning of a medium-term bearish trend is possible.

the information provided does not constitute a trading recommendation