$LINK TRADING FLAT – BEARS STILL IN CONTROL OR BASE BUILDING?
LINK is trading at $13.67, stuck in a tight sideways range after a heavy downtrend. Price is holding above $13.64 support but struggling to gain traction.
Key Levels to Watch:
Resistance: $13.72 – $13.85
Support: $13.64 – $13.50
Trade Setup – Rangebound and Risky:
Bullish Scenario:
Push above $13.72 could target:
TP1: $13.80
TP2: $13.85
Bearish Scenario:
Break below $13.64 could drag price to:
TP1: $13.55
TP2: $13.50
• Sideways chop after sharp decline
• Above $13.72 = short-term bounce
• Below $13.64 = another leg down likely