🔗 LINK Breaking Out: Chainlink Pumps 4% to $8.80 - Setup Inside!

The oracle giant is stirring! Chainlink just broke above $8.80 with a clean +4% move and volume is flowing in at $1.35B. After months of consolidation, LINK is starting to look like it wants higher prices. DeFi infrastructure plays are waking up!

📊 The Setup

Entry: $8.70 - $8.80 (current breakout zone)
Target 1: $9.50 (next resistance)
Target 2: $10.50 (major resistance zone)
Stop Loss: $8.20 (below breakout support)

🧠 Why LINK Looks Bullish

• Clean +4% breakout with $1.35B volume - accumulation phase ending
• 24h high of $8.81 shows buyers are stepping up
• Low of $7.40 held during any dips - sellers exhausted
• Market cap at $6.2B with $8.8B FDV - undervalued for oracle leader
• 708M LINK circulating with 1B max supply - 71% in circulation
• 83% below ATH of $52.7 - massive upside if oracle narrative returns

⚠️ Watch Out For

LINK has been a laggard for a long time. The $9.50-$10.00 area is heavy resistance from previous failed breakouts. If you're entering here, be prepared for some chop. Scale in on dips and keep stops tight below $8.20.

📈 Oracle Sector Context

Chainlink remains the dominant oracle solution across DeFi. As DeFi TVL grows, LINK demand increases. With BTC holding $69K and altseason vibes returning, infrastructure plays like LINK typically follow the high-beta movers. This is a "slow and steady" play in a sea of moonshots.

Not financial advice. DYOR. Manage your risk!

LINK marines, are we reclaiming $10 this month? Drop your targets! 👇