$LINK

It sounds like you have a solid grasp of the current situation with Chainlink (LINK)! Let’s take a closer look at the price outlook and some key points to consider:

Current Price Overview

Current Price: $14.31

Weekly Trend: Bears are still in control of the weekly bearish channel.

Bearish Patterns: The Head and Shoulders (H&S) pattern on the H4/daily timeframe suggests a potential move down to lower demand zones.

Key Levels to Watch

Resistance Level: $16.00 (Bullish bets are risky below this level)

Demand Zones: Watch for potential support as the price approaches lower demand areas.$LINK

Your Strategy

Long-Term Accumulation: Focusing on the CCIP narrative and bank integration is a smart move, especially if you believe in the long-term potential of LINK.

Short-Term Noise: Ignoring short-term fluctuations can help maintain focus on your long-term goals, especially in a volatile market.

Market Sentiment

The current sentiment is cautious, with bearish control indicating that traders should be careful about entering new positions without clear signals.#LINK

Buy and trade here on $LINK