The analysis suggests $LINK might be coiling for a breakout or experiencing fading momentum. Here's a breakdown of the situation:

- *Current Price:* $LINK is trading around $13.22-$13.23.

- *Rebound:* The price has rebounded from $12.75 and is attempting to form a higher low.

- *Resistance:* Momentum is uncertain around the $13.33 resistance level.

- *Trade Setup:* A short trade setup is proposed, with an entry zone between $13.22-$13.30, take profit targets at $13.00 and $12.83, and a stop loss at $13.38.

- *Indicators:* The MACD and RSI crossovers will be crucial in determining the momentum and potential direction.

What's your perspective on $LINK's potential movement, and do you think it will break out or experience a rejection? #LINK