$LINK /USDT 4-Hour Chart Analysis
Current Price: 15.23 USDT (+0.53% in 4H, -3.30% from prior layer)
Uptrend from May 17, peaking at 15.75 USDT on May 23, followed by a sharp drop to 15.06 USDT on May 25.
Now consolidating at 15.23 USDT with low volume, indicating weak bullish momentum.
Support: 15.06 USDT held; Resistance: 15.75 USDT is key for recovery.
Price below the SMA, signaling short-term bearish momentum.
Outlook: A break above 15.75 USDT could spark a recovery; below 15.06 USDT may lead to further downside toward 14.50 USDT.
Watch volume closely! 👀