$LINK /USDT – Testing Key Support! Reversal Incoming or More Pain Ahead? ⚠️

Chainlink is sliding with a -3.38% drop, now trading at $12.59, approaching the $12.30 low of the day. With SAR still above the price at $13.19, LINK is under pressure — but nearing a bounce zone that could surprise the market.

📊 Quick Breakdown:

24h High / Low: $13.29 / $12.30

Current Price: $12.59

SAR: $13.19 (bearish trend still active)

Volume: 2.62M LINK | 33.67M USDT

Support: $12.30

Resistance: $13.29 – $13.60

🚀 Bullish Setup – Eyes on a Strong Comeback

If LINK holds above $12.40 and reclaims $12.75 zone…

Entry: $12.75

Target 1: $13.20

Target 2: $13.60

Target 3: $14.10

Stop-loss: $12.25

🧠 Note: Volume confirmation and SAR flip below the price will validate a trend shift.

🔻 Bearish Breakdown Scenario

If LINK loses the $12.30 support level:

Next Support: $11.90

Further Downside Risk: $11.40

🧨 Watch out for volume spikes on red candles — they signal panic selling!

📌 Technical View:

Price near demand zone = potential reversal

SAR = bearish but softening

Consolidation likely before decisive move

🎯 Will Chainlink bounce back from the edge or fall deeper? This is the zone where smart trades are born.

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