$LINK is still facing selling pressure after its sharp breakdown from the $12.00 region.
On the 30-minute chart, price has recovered from the $10.30 low but is struggling to regain bullish momentum. I’m watching the $11.35–$11.45 zone closely, as this area could act as resistance.
My expectation is a possible short-term push into this supply zone before another rejection, potentially sending #LINK toward $10.50.
I want to see how price reacts around resistance before looking for the next move.
A strong breakout and hold above $11.45 would weaken this bearish outlook.
On the 30-minute chart, price has recovered from the $10.30 low but is struggling to regain bullish momentum. I’m watching the $11.35–$11.45 zone closely, as this area could act as resistance.
My expectation is a possible short-term push into this supply zone before another rejection, potentially sending #LINK toward $10.50.
I want to see how price reacts around resistance before looking for the next move.
A strong breakout and hold above $11.45 would weaken this bearish outlook.
