$LINK /USDT — Lower High Forming, Caution Ahead
Chainlink is struggling below $16.20 after repeated rejections, currently at $15.91. Price is forming a potential lower high, signaling possible weakness.
If LINK fails to reclaim $16.00–$16.10, expect a pullback:
Support: $15.60
Deeper Support: $15.20
A breakout above $16.20 cancels this structure. Watch the $16.00 reaction closely.