$LINK CRITICAL LEVEL AHEAD: WILL BUYERS BREAK $16.50 OR STUMBLE AGAIN?
$LINK is trading at $16.20, up +8.72% on the day, showing strong upside momentum. Price action is consolidating below a tight resistance zone, hinting at a breakout if volume kicks in.
Key Price Levels:
• Resistance Zone: $16.50 – $16.73
If bulls pierce this zone, the rally could extend toward:
• TP1: $17.20
• TP2: $17.85
• Support Zone: $16.00 – $15.70
Losing this range could drag price down toward:
• TP1: $15.25
• TP2: $14.80
Trade Setup – Watch for Volume Confirmation:
• Bullish Entry: Breakout above $16.50 with strong volume
• Targets: $17.20 and $17.85
• Stop-Loss: Below $16.00
• Bearish Entry: Breakdown below $15.70
• Targets: $15.25 and $14.80
• Stop-Loss: Above $16.50
LINK is winding tight—next move could be decisive.
