LINK’s rebound today is looking interesting: Binance spot rose from $11.23 to $11.83 intraday, closing around $11.75, up about 3.5% on the day. But don’t rush to call a reversal—the $11.91 EMA12, $11.97 immediate resistance, $12.22 SMA20, and $12.65 SMA50 are stacked overhead, while the price remains in the lower half of the Bollinger Bands. This is just a test of moving above the 7-day moving average at $11.66 and holding the 200-day moving average at $9.99. Whether it can break through $12.20 is the real test. $LINK #Chainlink
