$LINK - Price Analysis
Weekly and daily: very neutral zone.
Price is stuck inside a multi-month downtrend channel.
Bulls must hold $12.80 on daily. Heavy resistance at $15.80 - trend still points down.
đą Scenario 1 (Risky)
Breakout above $16.00 and channel exit â Quick move toward $20+
đŽ Scenario 2 (Bearish)
Head & Shoulders breakdown â $10.00 retest possible
Accumulation phase is strong above $8.00 (weekly view).
Iâm still accumulating here, feels manipulated, waiting for a clean breakout.
Key levels to watch:
Support: $12.80 / $10.00 & 8.00 area.
Resistance: $15.80 / $16.00
Wait for a clear move, both sides can give a solid swing setup.
Are you green pill or red pill?
