Chainlink and Uniswap Signal Potential Breakout as Major Altcoins Strengthen
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According to CoinWorld, Chainlink (LINK) and Uniswap (UNI) have endured significant selling pressure, overcoming recent market panic and stabilizing near key support levels. LINK is currently trading around $11.85, holding the support range of $11.70 to $11.80, with various indicators suggesting a potential rebound to $12.50 and $14.00. UNI is currently near $4.82, consolidating above the $4.70 support level. If it breaks through the $5.60 resistance, it could further rise to the $6.60 to $8.60 range. The price structure is becoming compressed, downward momentum is weakening, and improving market sentiment all indicate that these two tokens may enter a short-term recovery phase.
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