$LINK is currently trading at $24.37, adjusting the key support and resistance levels that traders use to assess potential price movements. Support levels act as price floors, where buying pressure can prevent further declines. The immediate support for LINK is around $24.00, with stronger support near $23.50, which has provided stability during previous price corrections.

On the upside, resistance levels represent areas where selling pressure may slow or reverse upward momentum. LINK faces its first resistance around $24.75, with more significant resistance near $25.20–$25.50, where previous price increases encountered notable selling activity.

Monitoring these support and resistance areas is crucial for traders and investors to identify potential entry and exit points, manage risk, and anticipate trend reversals. Understanding LINK's price dynamics at these key levels provides actionable insights in the volatile cryptocurrency market.