$LINK has slipped to $22.96 (-3.00%), with today’s range between $22.71 – $23.88. After a sharp rejection from $23.80+, the pair is now consolidating near $22.90, showing signs of stabilizing at local support. If buyers defend this zone, a rebound toward $23.40–$23.60 is likely; however, a breakdown below $22.70 could open the path to deeper correction.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$LINK – Testing Support Zone 📉
$LINK has slipped to $22.96 (-3.00%), with today’s range between $22.71 – $23.88. After a sharp rejection from $23.80+, the pair is now consolidating near $22.90, showing signs of stabilizing at local support. If buyers defend this zone, a rebound toward $23.40–$23.60 is likely; however, a breakdown below $22.70 could open the path to deeper correction.
Trade Setup (for study, not financial advice):
Buy Zone: $22.70 – $23.00
Stop Loss: Below $22.60
Targets: $23.40 → $23.70 → $24.00
#LINK