Quick market flash on $LINK today. đ
1. Current price sits at $11.285.
2. 24h change shows a pull back of -2.598%.
3. Daily bounds range from a high of $11.6 to a low of $11.26.
Here is a quick lesson on support levels. đ§ When price trades near its 24h low of $11.26, traders look to see if buyers defend that floor. If support holds, price stays within the range; if it breaks, new support must be found.
Takeaway: Use key price floors to evaluate market structure before acting. Not financial advice, so please DYOR. đĄ
#Chainlink #CryptoEducation #Write2Earn #CryptoTrading
1. Current price sits at $11.285.
2. 24h change shows a pull back of -2.598%.
3. Daily bounds range from a high of $11.6 to a low of $11.26.
Here is a quick lesson on support levels. đ§ When price trades near its 24h low of $11.26, traders look to see if buyers defend that floor. If support holds, price stays within the range; if it breaks, new support must be found.
Takeaway: Use key price floors to evaluate market structure before acting. Not financial advice, so please DYOR. đĄ
#Chainlink #CryptoEducation #Write2Earn #CryptoTrading
