🔍 Support and Resistance Levels $LINK
| Color | Price Level | Technical Interpretation | $LINK
|------------|----------------|----------------|
| 🟠 Orange | 28.86 USDT | Previous resistance turned potential support |
| 🟡 Yellow | 55.51 USDT | Medium resistance, may be a near target |
| 🟣 Purple | 155.74 USDT | Strong long-term resistance, has been tested |
---
🟩 Demand Zone (Strong Support)
- A green area appears between 10.50 – 13.50 USDT.
- This area was the starting point for the recent upward trend, indicating strong buyers present there.
---
📈 Potential Scenarios
1. Positive Scenario (Continued Rise):
- If the price remains stable above 17.85, it may target the level of 28.86 then 55.51.
- A clear breakout above the level of 28.86 with strong trading volume will be a signal to continue the upward trend.
2. Negative Scenario (Downward Correction):
- In case of losing momentum, the price may return to test the support area between 13.50 and 10.50.
- Breaking this area could lead to a deeper drop towards levels below 10 USDT. l#LINK #LINK🔥🔥🔥