LINK/USDT: Is the $15.80 Dip a Springboard or a Trap?
Chainlink (LINK) is at a pivotal crossroads!
Short-Term Focus (The next 7 days): The price is fighting tooth and nail right at $15.80. Bears have momentum, pushing the price down below the MA(7). If we can't reclaim that MA(25) at $16.72 quickly, look for a likely re-test of support around $14.50. Watch for increased buy volume here—that's your signal for a short-term bounce.
Long-Term Focus (The next 3-6 months): The MA(99) is sitting way up at $20.93. Until LINK decisively breaks and holds above that level, the long-term trend remains neutral-to-bearish. However, given Chainlink’s essential role in DeFi and RWA, many view dips like this as accumulation zones. A close above $23.73 would confirm a massive bullish reversal. Don't let the short-term noise distract you from the infrastructure narrative!
