Chainlink’s $9-$11 Opportunity Window

Chainlink (LINK) is currently oscillating between $9 and $11, which could present a prime buying opportunity for traders. After reestablishing support at the $9.54 level, a key price movement is expected as it completes a 550-day period of consolidation.

“Chainlink is still consolidating above the crucial resistance and flipping that for support.

I think anything between $9-11 is an interesting one to buy into.

I mentioned it a few times, but it remains to be an opportunity of a lifetime.”

— Michaël van de Poppe (@CryptoMichNL)

The positive market positioning of Chainlink was emphasized by Michaël van de Poppe. LINK’s trading band between $9 and $11 is considered a compelling buying range, which he describes as a “once in a lifetime” chance. As LINK navigates through significant resistance thresholds, traders keep a close eye on the support levels.

Sentiment: Positive