$LINK Down 5.18%.. Are we looking at a healthy correction or the start of a bearish trend?
The price fell to $10.893 with a sharp decline in trading volume (0.02), which suggests the absence of real selling pressure and weak liquidity on the 15-minute timeframe. The move appears more technical than fundamental.
Most likely scenario: a corrective rebound toward $11.15 then $11.35, provided that support at $10.75 holds with volume returning gradually. A break below $10.75 opens the door to $10.50.
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$LINK
This content is not investment adviceādo your own research (DYOR)
The price fell to $10.893 with a sharp decline in trading volume (0.02), which suggests the absence of real selling pressure and weak liquidity on the 15-minute timeframe. The move appears more technical than fundamental.
Most likely scenario: a corrective rebound toward $11.15 then $11.35, provided that support at $10.75 holds with volume returning gradually. A break below $10.75 opens the door to $10.50.
Follow us for more accurate analyses and continuous market monitoring š
$LINK
This content is not investment adviceādo your own research (DYOR)
