🔗 $LINK Upward Movement : Bullish or Bearish?
LINK is trading near $13, showing a mild upward push from recent lows. Technically, this is moderately bullish, but the move so far looks more like a relief rally rather than a confirmed trend reversal.
✅ Bullish signs:
– Recent bounce from support around $12–$12.20
– Improving sentiment in broader altcoin market
– Short liquidations adding small bursts of upside momentum
⚠️ Bearish risks:
– Strong resistance ahead at $13.80–$14 — price has rejected there before
– Weak volume so far; needs new buyers to turn relief rally into a true bullish trend
📊 Targets to watch:
– Immediate target: $13.80–$14
– Mid-term bullish target: $15–$16 if volume and market support increase
📉 Key support:
– Around $12 — losing this could flip momentum bearish again
In summary: LINK is mildly bullish from $13, but still below major resistance; real confirmation would come above $14–$15 on stronger volume.