$LINK /USDT – BOUNCE FROM DEMAND ZONE, UPSIDE TARGET $17.37 IN PLAY
Chainlink is rebounding strongly after a retest of the key support zone around $16.65–$16.80. This area previously acted as resistance and has now flipped to support, confirming a bullish structure. A clean bounce from this level with a bullish engulfing candle suggests strength. If the momentum holds, price could surge toward the $17.20–$17.37 resistance area. Risk is defined below $16.64, offering a favorable long setup.