LINK is currently near a resistance zone, with bears trying to suppress it, but bulls are holding firm, leading to a stalemate as both sides are waiting for the other to make a move.

If the resistance is broken, the target is set at $21.

Once the bulls strongly break through the upper resistance, the short-term trend may reverse, and LINK is expected to quickly surge towards $21, potentially opening up space for accelerated upward movement.

🛡 Support levels to watch are the neckline and the 50-day moving average.

If the bears want to turn the situation around, they need to first break through the neckline and effectively push the price below the 50-day moving average ($19.99). If it closes below this level, it may re-enter a volatile downward trend.