$LINK /USDT – Market Outlook

$LINK is trading at 25.88 after bouncing from a low of 25.21. The pair tested resistance at 26.62 earlier but failed to sustain, leading to short-term volatility. The price is currently hovering near the 25.80–25.90 zone, where the 7, 25, and 99 MAs are tightly clustered, showing indecision in the market.

Trade Setup (Neutral-to-Bullish Bias):

Entry Zone: 25.70 – 25.90

Upside Target: 26.30 – 26.60

Stop Loss: 25.20

Key Observations:

25.20 is acting as strong intraday support; losing it may expose price to 24.90.

Resistance sits between 26.30–26.60; a clean breakout above 26.60 could trigger momentum toward 27.00+.

The compression of moving averages suggests a potential breakout move is near.

Bottom Line: $LINK is consolidating between 25.20–26.60. Traders can play this range for scalps, but the real opportunity lies in catching the breakout. A move above 26.60 would confirm bullish continuation, while failure to hold 25.20 shifts bias back to sellers.