Chainlink dey test $21 support as adoption dey add momentum
Chainlink dey test im critical $21 support zone again, wey align wit 0.618 Fibonacci retracement, VWAP and major moving averages. E important make dis confluence hold to keep di bullish structure of higher lows and to set di stage for breakout above di $26 resistance. If e rebound well past $26, e fit trigger rally go di next swing high near $30. Di trading volume don cool down as e drop go $21, wey show say di consolidation dey healthy, but fresh inflows need to dey to fuel di upside. For fundamental support, Chainlink don secure im first corporate treasury client after one real estate firm add LINK for crypto exposure. Traders make dem watch for volume-backed retest of $21 and clear break above $26 to confirm say di bullish momentum dey renew; if e no hold $21, outlook fit change go neutral or bearish.
Bullish
Chainlink dey face one critical test for di $21 support level, wey technical indicators like di 0.618 Fibonacci retracement dey back am up. If trading volume confirm say di $21 level go hold, e fit rebound and break through di $26 resistance join extend gains go reach $30, wey go boost di bullish momentum. Di addition of corporate treasury client add fundamental demand and credibility. But if e breakdown under $21, e fit shift di sentiment go neutral or bearish, but the combined technical strength and corporate adoption dey increase di chance for bullish outcome both short term and long term.