$LINK Bearish Trend Dominates as Support Level Tests Key Threshold
Current Price: 13.35
Change: -0.06 (-0.45%)
Key Levels:
Support: 13.29 (critical level, breach could lead to further decline)
Resistance: 13.40 (immediate hurdle, break above could signal reversal)
Bullish Scenario:
Target: 13.50 (next resistance level)
Condition: Break above 13.40 and sustain above it
Bearish Scenario:
Target: 13.20 (next support level)
Condition: Breach below 13.29 and sustain below it
LINKUSDT is currently testing a critical support level at 13.29. A breach below this level could lead to further decline, while a bounce back would indicate buying interest. Traders should monitor the price action closely and adjust their strategies accordingly.