Chainlink Analysis, April 12, 2025
Chainlink Strong bullish breakout was seen on April 9 at around 16:00, marked by a long bullish candle that broke through resistance and MA simultaneously. After that, a consolidation pattern was formed but remained in an upward structure, with no significant signs of reversal. Strong support is located in the area around 11.70 - 12.00, where the price is consolidating and MA is located. Ideal entry can be done at a slight retracement in the area of 12.60 - 12.70, with a stop loss below MA or below the 12.20 level.