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Summary
• Price surged to $13.92 before consolidating near $13.90 amid high volume.
• Momentum suggests bullish bias with RSI hovering near 60 and MACD above zero.
• Volatility expanded following a breakout above key resistance near $13.85.
• Volume spiked 6x in the last 4.5 hours, confirming upward price action.
• Bollinger Bands show moderate expansion, with price near the upper band.
Chainlink/Tether (LINKUSDT) opened at $13.58 on 2025-12-05 12:00 ET and reached a high of $14.00, closing at $13.90 as of 2025-12-06 12:00 ET, with a 24-hour volume of 1,163,600.83 and a turnover of $15,933,955.88. The pair showed strong bullish momentum, driven by increasing volume and a breakout above key resistance.
Looking ahead, the market appears to be consolidating after the breakout, and a test of the upper Bollinger Band could trigger a pullback or renewed strength. Investors should remain cautious of potential short-term corrections near $13.80.
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