$LINK 💡Market Insights

$LINK shows signs of short-term recovery, with buyers defending key support levels. If momentum continues, the price may test the upper resistance range. Traders should closely monitor volume, as increasing buying pressure may confirm a stronger bullish reversal.

Attempting a short-term rebound!

$LINK is trading at 21.59 (+2.91%), recovering from the daily low at 20.88 after a recent decline. Buyers are showing interest around the 21.40 area, aiming to push the price back towards daily resistance levels. A sustained breakout above 21.80 could open the way for further gains towards 22.20 and beyond.

Support and Resistance

• Resistance: 21.80 – 22.20 – 22.70

• Support: 21.40 – 21.00 – 20.88

🔸Trade Setup

• Entry Zone: 21.45 – 21.60

• Stop Loss: 21.00

TP1: 21.80

TP2: 22.20

TP3: 22.70

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