The MACD histogram's consistent positive readings indicate strengthening bullish momentum, while RSI levels near the 60s suggest room for further growth before hitting overbought territory. This setup positions Chainlink for a potential rally, provided market sentiment remains optimistic.
Long positions around the $23.92 support zone could capitalize on a rebound toward $26.54, with stops just below $23.48. Conversely, short trades might target bearish reversals near resistance, exiting near the $23.92 level.
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