LINK took a sharp drop today, falling to the 12.0 area after struggling to hold the 12.6–12.8 zone. Momentum indicators like RSI, MACD, and KDJ all show clear bearish pressure, which explains the strong downside move.
Short-term view: If LINK stays above 12.00, a small bounce toward 12.30–12.50 is possible. But any break below 12.00 could open the door for another leg down.
Mid-term view: The 1h and 4h trends both remain weak. Price needs to reclaim 12.60–12.80 to show signs of recovery.
Long-term view: Nothing changes unless LINK climbs back above 13+. Until then, trend remains under selling pressure.
This is just my personal opinion, not financial advice.
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$LINK LINK Market Update
LINK took a sharp drop today, falling to the 12.0 area after struggling to hold the 12.6–12.8 zone. Momentum indicators like RSI, MACD, and KDJ all show clear bearish pressure, which explains the strong downside move.
Short-term view:
If LINK stays above 12.00, a small bounce toward 12.30–12.50 is possible. But any break below 12.00 could open the door for another leg down.
Mid-term view:
The 1h and 4h trends both remain weak. Price needs to reclaim 12.60–12.80 to show signs of recovery.
Long-term view:
Nothing changes unless LINK climbs back above 13+. Until then, trend remains under selling pressure.
This is just my personal opinion, not financial advice.