After a strong rally, $LINK is now testing a major resistance zone near $19.70–$20.00, where price previously rejected. This area aligns with a potential supply zone and psychological barrier. Price action shows signs of exhaustion with wicks at the top, suggesting bearish rejection. If $20 fails to break, downside correction is likely toward mid-range supports.
🔍 Market Outlook: Unless bulls clear and hold above $20.65, the risk of pullback remains high. A clean rejection here favors short continuation into support layers.