🔗 $LINK : FIVE YEARS OF RESISTANCE. ONE BIG TEST AHEAD.
$LINK is recovering toward $18, where horizontal resistance meets the descending trendline from the 2021 peak.
That confluence is the key to my bullish scenario.
A weekly breakout and successful retest would put $27.49 in focus, followed by $36.70. Clearing those levels could open a path toward $52.59.
Rejection around $18 keeps the broader downtrend intact. Losing support near $8 would seriously weaken the recovery.
The chart’s 70/30 split reflects a subjective scenario weighting, not measured odds.
Nothing is guaranteed. Do Your Own Research.
$LINK is recovering toward $18, where horizontal resistance meets the descending trendline from the 2021 peak.
That confluence is the key to my bullish scenario.
A weekly breakout and successful retest would put $27.49 in focus, followed by $36.70. Clearing those levels could open a path toward $52.59.
Rejection around $18 keeps the broader downtrend intact. Losing support near $8 would seriously weaken the recovery.
The chart’s 70/30 split reflects a subjective scenario weighting, not measured odds.
Nothing is guaranteed. Do Your Own Research.
