SUPPORT HOLDS AT $21.87. POTENTIAL REVERSAL PATTERN FORMING.
$LINK /USDT has been under steady selling pressure, dropping from $23.24 highs and reaching a low of $21.87. Buyers, however, stepped in at this support, and price is now stabilizing at $21.97. The rejection at the lows signals demand is building, and a rebound toward $22.40–$22.70 resistance could follow if momentum strengthens.
Trade Setup
Long Entry: $21.85 – $22.00
Targets: $22.40 / $22.70
Stop Loss: $21.65
As long as $21.87 holds, $LINK maintains a bullish recovery setup with buyers preparing for an upside push in the short term.
$LINK a to all those affected by the poor performance of this currency, I regret to say it but it will continue to fall, and when it rises it will do so slowly as well. There is an option which is to exit at a loss and move it to AVAX for example which has a more orderly behavior and without so much manipulation trap. I am thinking of doing that, believing it would at least bounce back and nothing. It gets worse every day. Long term, if all those who entered at 15 are already reaching them again. Mediocre currency.
with reason the bulls do not enter because they are waiting for the 15 to ring at least. Cheaters! Those who enter now will also lose until it recovers in 1 year
$LINK a good eye and good critical analysis seeing the trend of all cryptocurrencies. This asset right now should be around 24.5 to 25.4. But the harsh and raw reality is that it will reach 21 and will continue to plummet. To the newcomers looking at this coin, I sincerely say, FLEE!