🔗 $LINK HAS A MAJOR RESISTANCE TEST AHEAD.
The recovery needs to defend 10.50–11.50 and reclaim the 14–16 resistance region.
Above that zone, 18–20 becomes the next hurdle, alongside the descending macro trendline. A confirmed breakout and successful retest would strengthen the route toward 22–23.50 and 27–28.50.
The previous highs around 30–31 remain the larger recovery objective, with 30 approximately 154% above the chart’s price.
Losing 10.50 would weaken the recovery and expose the broader support region at 7.20–9.50.
The recovery needs to defend 10.50–11.50 and reclaim the 14–16 resistance region.
Above that zone, 18–20 becomes the next hurdle, alongside the descending macro trendline. A confirmed breakout and successful retest would strengthen the route toward 22–23.50 and 27–28.50.
The previous highs around 30–31 remain the larger recovery objective, with 30 approximately 154% above the chart’s price.
Losing 10.50 would weaken the recovery and expose the broader support region at 7.20–9.50.