LINK: Critical Re-Test of Support—Will It Hold or Break?
Yello, Paradisers! Have you been tracking #LINKUSDT's latest move? 🚨 The market is at a tipping point, and #LINK is now re-testing the crucial breakout-based support range. The initial reaction is strong, but the question remains—will this support hold, or are we looking at a potential breakdown?
💎If LINK manages to hold within the supportive range of $10.75 to $10.95, we could witness a corrective upside in the near term. This might trigger a recovery, with LINK likely pushing towards the $11.45 level. Although some trend resistance could emerge around this area, a continued short squeeze might propel LINK even higher, potentially reaching the $11.90 to $12.15 range. These levels correspond to the 61.8% Fibonacci retracement and could mark the completion of LINK's corrective phase.
💎On the flip side, the $10.95 to $10.75 range is currently providing strong support. Just below this zone, the pivotal ascending support at $10.55 adds another layer of defense. These supports are likely to make it tough for sellers to break through on their first attempt.
That’s why, Paradisers, we are playing it safe and watching closely. Remember, consistency in your strategy and patience in execution are key. Stay focused, and let’s see how this plays out.
MyCryptoParadise
iFeel the success🌴
💎If LINK manages to hold within the supportive range of $10.75 to $10.95, we could witness a corrective upside in the near term. This might trigger a recovery, with LINK likely pushing towards the $11.45 level. Although some trend resistance could emerge around this area, a continued short squeeze might propel LINK even higher, potentially reaching the $11.90 to $12.15 range. These levels correspond to the 61.8% Fibonacci retracement and could mark the completion of LINK's corrective phase.
💎On the flip side, the $10.95 to $10.75 range is currently providing strong support. Just below this zone, the pivotal ascending support at $10.55 adds another layer of defense. These supports are likely to make it tough for sellers to break through on their first attempt.
That’s why, Paradisers, we are playing it safe and watching closely. Remember, consistency in your strategy and patience in execution are key. Stay focused, and let’s see how this plays out.
MyCryptoParadise
iFeel the success🌴
Note
Boom! #LINK is doing just what we said. Up 3.00% and looking good!
LINK is now back into the support levels, ideally holding them over the next few hours could offer another short-squeeze back towards $11.45 and $11.70 resistance.
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