Will LINK drop to $10?
In the chart below, we can see that LINK has broken an important support level around $12.5. Given the ongoing conflict between Israel and Iran, market sentiment remains weak and uncertain.
If this trend continues, I believe LINK is likely to test support around the $10 area.
In this situation, I think the best strategy is to either stay out or consider shorting — no need to rush into longs just yet.
