$LINK Breakout or Temporary Relief?
LINK is currently trading at $21.63, attempting a recovery after recent losses but facing nearby resistance. The next movement will decide if bulls can regain momentum or if bears continue to push lower.
Key Levels to Watch
• Resistance: $22.00 – A breakout above could extend gains toward $22.20 and $22.50.
• Support: $21.36 – A breakdown below this level could send LINK toward $21.10 and $20.85.
Trade Setup – Stay Alert for Volatility
• Bullish Entry: A confirmed move above $22.00 could target $22.20 and $22.50.
• Bearish Entry: A drop below $21.36 could target $21.10 and $20.85.
Market Sentiment:
Current order book shows buyers slightly ahead at 54.04%, indicating mild bullish pressure, but volume confirmation will be essential for sustained moves.