🚨LINK currency: a trap downwards 🩸 or a major launch towards the peaks? 🚀🔮
The price is currently fluctuating near $26 ⛔ (fierce resistance), while $23–21 forms the golden defense line 🛡️.
On the 4-hour frame, we notice a consolidation pattern resembling a flag after a strong upward wave 📈… a signal that could precede a price explosion, but caution is required 👀.
📍 Potential scenarios:
✅ Bullish: A clear breakout above $26.6 with strong trading volume could open the way towards $30–34.
⚠️ Neutral: A price rebound from the resistance and return to test $23 is a smart buying opportunity for the professional risk-taker.
❌ Bearish: Breaking below $21 = early warning of a deep drop towards $15–16.
💡 As a technical analyst: The best strategy now is to wait for the breakout or buy from the support levels with strict stop-loss.
🔎 In your opinion… is LINK preparing for a sudden leap or is the trap still being set for the bulls? 🐂🕳️