Chainlink: Van de Poppe Maps Dip Buy Levels

Chainlink traders eye dip entries after Michaël van de Poppe outlined clear levels tied to Bitcoin failing $63,400 or a sweep above $10 on LINK. The BTC correlation remains the dominant driver for the next move in the last six months of range-bound price action.

Price sits at $9.37 inside the Bollinger Bands with upper resistance at $9.78 and lower support at $8.56, while the EMA50 at $8.88 and EMA200 at $8.4 continue to anchor the bullish structure. Momentum shows RSI at 62.1 in neutral territory yet the MACD death cross at 0.2 signals fading short-term strength, pointing to a probable healthy retracement toward the 50-EMA before any continuation higher.