Avalanche and Chainlink have both been on the rise recently, making this window quite interesting. Currently, LINK is a bit stuck at the $12.370000 level, but from a technical perspective, there is still a chance to break the deadlock.

Looking at the chart, the RSI is at 47.2, which is in the middle to slightly weak range, indicating that the market is still gathering strength with no clear bullish or bearish tilt. The support level is at $12.000000, and the resistance above is at $12.740000. The key point to watch is $12.620000—once LINK breaks above this level, it could trigger a wave of reactions.

My current plan is to first allocate some positions around the $12.370000 zone, then see if LINK can hold this level. If it indeed breaks through $12.620000, I will add positions gradually. But risk management must be solid—if it falls below the support at $12.000000, I will decisively cut losses and exit.

As for the upside potential, in the short term, $12.740000 is a reasonable target, but if the market momentum is strong, there’s a possibility of pushing even higher.

Market analysis is inevitably subjective. What are your thoughts on this wave of LINK? Feel free to share different opinions.