$LINK /USDT 1H โ€“ Is This Just a Pullback or the Start of Reversal? ๐Ÿ‘€ #Chainlink just had a powerful run up to $19.17 โ€“ but now weโ€™re seeing a retrace back to around $18.09. Still up +6.24% over the last 24H, so whatโ€™s the play hereโ“

Letโ€™s break it down:

๐Ÿ“Œ 1. Big Push, Then Pause:

LINK broke through multiple resistance levels during the surge. That momentum was no joke! But now itโ€™s cooling down.

๐Ÿ“Œ 2. Natural Correction?

A pullback after a rally this strong isnโ€™t a red flag โ€” itโ€™s expected. Traders are locking in profits and watching for confirmation.

๐Ÿ“Œ 3. Key Zones to Watch:

- Support: $17.60โ€“$17.90

- Resistance: $18.50โ€“$19.00

Reclaiming above that upper range could open the door for another breakout.

๐Ÿ“Œ 4. Volume Check:

Light sell volume? It might just be a breather. But rising red volume? Could hint at deeper retracement.

๐Ÿ’ก Quick Tip:

Wait for confirmation โ€” donโ€™t catch a falling knife. A bounce from support or a reclaim of resistance can offer cleaner entries.

$LINK