Chainlink price waka move from $27.3 as bulls dey aim $40

Chainlink price don break pass $25 recently and e test $27 but e no fit pass the key $27.3 resistance, now e dey trade near the bottom side of e mid-2022 ascending channel. CryptoPilot warn say if e no get strong volume-backed move pass $27.3, LINK fit drop go the $15–17 support zone, just like e happen before when e get rejection. But if e fit break through and hold pass $27.3, e fit push the altcoin go the top of the channel near $45–52, wey near double from the level wey e dey now. Immediate support dey for $18–19 before the channel support wey dey $15–17, while another resistance dey for $34 inside the channel. Analyst irritated.eth talk say this resistance zone don always cause sell pressure before, and e need make sell volume small and make e retest above $40 well to confirm say sellers don tire. Traders suppose dey watch the Chainlink price moves for these resistance levels and watch how volume dey move with on-chain data to sabi if bulls go fit secure breakout or if bears go force deeper correction.
Neutral
Dis analysis dey outline both bullish and bearish scenario, wey center for key resistance at $27.3 and the chance for breakout go $40+ or fall to $15–17. Dis balanced outlook mean market no go show any big movement until clear move happen. For short time, traders go dey watch volume and price action for resistance, and if breakout confirm, e fit trigger serious long-term rally. Past LINK rejections for similar levels show say caution necessary, because past failures con lead deeper corrections before the uptrend begin again.