$LINK /USDT – Pullback Testing Support!
🔸 Current Price: $11.99 (-5.07%)
🔸 24h High / Low: $12.75 / $11.69
🔸 Volume (24h): 2.93M LINK / 35.67M USDT
🔸 Depth Levels: Strong buy walls at $11.80–11.94, resistance forming near $12.09–12.38
🔸 Timestamp: 2025-06-22 04:45
🔍 Momentum Analysis
LINK is retracing sharply after failing to sustain above $12.70. It’s now hovering just above key intraday support at $11.65. A bounce here could indicate dip-buying interest; however, breakdown below could trigger further losses.
🟢 Long Setup (Speculative Bounce Play)
Entry Zone: $11.65 – $11.85
Targets:
• T1: $12.20
• T2: $12.60
• T3: $12.95
Stop Loss: $11.48 (below support wick)
✅ Breakout Confirmation: $12.75
🛡️ Key Support: $11.65
A close above $12.75 on strong volume would confirm bullish continuation; failure to hold $11.65 could lead to a revisit of the $11.20 zone.
💡 Pro Tip for Traders
Watch for volume spikes on 15m/1h candles near $11.65. If sell pressure weakens and LINK consolidates above $11.85, it could offer a low-risk rebound setup. Avoid chasing unless $12.20 breaks with momentum.