Chainlink Price Gains Momentum Above Crucial Levels as Bulls Aim for $33.75

Bullish Trend Confirmation: Chainlink has confirmed a bullish structure by reclaiming the 50-day moving average and closing above the value area high, indicating higher highs and higher lows.

Support Level: A retest of the $19.28 support zone is expected, which aligns with structural support and could form a bullish higher low.

Upside Target: The next major resistance level is at $33.75, where profit-taking may occur if bullish momentum continues.

Market Dynamics: Increasing bullish volume supports the price action, suggesting strong demand and market confidence, while potential consolidation may precede further upward movement.