đ $LINK BUILDS A RECOVERY STRUCTURE | $20.15 NEXT?
$LINK rallied approximately 122% from its visible low near $7.10 to $15.80. The current pullback puts the $12.10â$12.90 demand zone in focus.
If buyers defend this area and price forms a stable range, the next test is the $14.50â$15.80 resistance zone.
A confirmed daily breakout above $15.80, followed by a successful retest, would strengthen the recovery scenario toward $18.17 and $20.15.
That final level represents approximately 50.6% upside from the chartâs $13.38 price, with pullbacks and higher lows along the way.
A daily close below $12.10 weakens the setup and brings $11.45 and the 0.618 Fibonacci near $10.42 back into focus.
Can $LINK turn this pullback into its next higher low?
$LINK rallied approximately 122% from its visible low near $7.10 to $15.80. The current pullback puts the $12.10â$12.90 demand zone in focus.
If buyers defend this area and price forms a stable range, the next test is the $14.50â$15.80 resistance zone.
A confirmed daily breakout above $15.80, followed by a successful retest, would strengthen the recovery scenario toward $18.17 and $20.15.
That final level represents approximately 50.6% upside from the chartâs $13.38 price, with pullbacks and higher lows along the way.
A daily close below $12.10 weakens the setup and brings $11.45 and the 0.618 Fibonacci near $10.42 back into focus.
Can $LINK turn this pullback into its next higher low?