$LINK
STALLS BELOW RESISTANCE: Key Zone Ahead
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LINK trades near 12.306, down 1.16% in 24h, within a range of 12.153 to 12.768. It remains in a corrective phase after the drop from 14.319.
Technical Analysis
On the 4H chart, price sits below MA5 (12.386), MA10 (12.447) and MA20 (12.481). The moving averages are tilted down, which keeps the short-term bias cautious.
A long lower wick near 11.812 shows buyers defended that zone. Still, recovery candles are small and volume is cooling.
🟢 Bullish Case
A 4H close above 12.48 could open a path toward 12.77 and 13.23.
🔴 Bearish Case
A drop below 12.15 may bring another test of 11.81.
⚪ Neutral Case
Price may consolidate between 12.15 and 12.48 while momentum rebuilds.
Key Levels
- Resistance: R1 12.48 | R2 12.77
- Support: S1 12.15 | S2 11.81
Context
Despite the pullback, LINK is still up strongly over 90 days, so the larger structure is not broken yet.
Outlook
Watch the MA20 and the 12.15 support closely. Not financial advice.
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STALLS BELOW RESISTANCE: Key Zone Ahead
◆━━━━━━━━━━━━━━━━━━◆
LINK trades near 12.306, down 1.16% in 24h, within a range of 12.153 to 12.768. It remains in a corrective phase after the drop from 14.319.
Technical Analysis
On the 4H chart, price sits below MA5 (12.386), MA10 (12.447) and MA20 (12.481). The moving averages are tilted down, which keeps the short-term bias cautious.
A long lower wick near 11.812 shows buyers defended that zone. Still, recovery candles are small and volume is cooling.
🟢 Bullish Case
A 4H close above 12.48 could open a path toward 12.77 and 13.23.
🔴 Bearish Case
A drop below 12.15 may bring another test of 11.81.
⚪ Neutral Case
Price may consolidate between 12.15 and 12.48 while momentum rebuilds.
Key Levels
- Resistance: R1 12.48 | R2 12.77
- Support: S1 12.15 | S2 11.81
Context
Despite the pullback, LINK is still up strongly over 90 days, so the larger structure is not broken yet.
Outlook
Watch the MA20 and the 12.15 support closely. Not financial advice.
#CrossRiverBankAddsRLUSDToCoreBankingPlatform #BitcoinShortTermHoldersReach4.08MBTC #OctoberFedHikeOddsFallToAround17% #NEARRisesNearly10% #AustraliaProposesCryptoTransactionReportingLaw