$LINK Coiling Tight – Breakout Above $20.20 Could Unleash Next Leg Up!
LINK is trading at $19.84, up +2.90% on the day, showing healthy signs of accumulation. Price is consolidating just below a key resistance at $20.20 after reclaiming higher lows. Buyers are gradually stepping in, with volume confirming growing interest.
Key Levels to Watch
Resistance Zone: $20.20 – $20.28
• Break and hold above this could push toward:
• Target 1: $20.90
• Target 2: $21.60
Support Zone: $19.60 – $19.40
• If rejected at resistance, expect dip opportunities around:
• Target 1: $19.30
• Target 2: $18.90
Volume Profile:
Volume SMA sits at 27.01K, with decent spikes during green candles, indicating active dip buying. Order book strength shows 53.46% buy-side momentum.
Neutral-Bullish With solid higher timeframe structure and buying pressure near support, LINK is positioning for a potential upside continuation—confirmation above $20.20 is key.
