#LINK is testing $10 again after pulling back from nearly $16. The daily chart still shows lower highs, so I’m watching where the next candle closes.
A daily close below $10 would put $9.00 in focus. LINK spent weeks trading around that level earlier this year. If buyers reclaim $10 and hold it on a retest, $11 is the first resistance I’d watch.
June double bottom near $7 gives the chart some context. Its $8.60 neckline is the next support I’d watch if $9 gives way.
#Chainlink #LINK #TechnicalAnalysis #Altcoin Season#
$LINK
A daily close below $10 would put $9.00 in focus. LINK spent weeks trading around that level earlier this year. If buyers reclaim $10 and hold it on a retest, $11 is the first resistance I’d watch.
June double bottom near $7 gives the chart some context. Its $8.60 neckline is the next support I’d watch if $9 gives way.
#Chainlink #LINK #TechnicalAnalysis #Altcoin Season#
$LINK
