$LINK AT A TIGHT RANGE – Targeting $14.60
$LINK is currently trading at $14.34, following a mild bounce from the day’s low of $14.15. While the broader trend remains bearish, the price is consolidating in a narrow channel—setting the stage for a decisive move. A breakout above immediate resistance could trigger short-term upside.
Key Levels to Watch
Resistance:
• $14.45 – Immediate level bulls must flip
• $14.60 – Mid-range resistance
• $14.85 – Strong breakout zone to reclaim momentum
Support:
• $14.25 – Holding as local support
• $14.15 – 24H low and critical defense
• $13.85 – Breakdown zone if sentiment weakens
Trade Setup
Bullish Target:
• A break above $14.45 may send price toward:
• TP1: $14.60
• TP2: $14.85
Bearish Scenario:
• A move below $14.15 could trigger:
• TP1: $13.95
• TP2: $13.85
Stop-Loss:
Use a tight SL below $14.15 on long positions, or above $14.45 on short trades.
$LINK is in a squeeze. Whichever side breaks first will likely carry strong momentum. Stay nimble, and let confirmation lead your entry.