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# LINKUSDT
7.16K
BasheerAlgundubi
#LINKUSDT – The next two weeks will determine the market direction.
On the weekly chart, $LINK stock forms a head and shoulders pattern with a neckline at the 10.08-12.23 dollar level, a classic reversal pattern from bullish to bearish.
If this neckline holds during the next two weeks, a rebound is likely. If it breaks, the trend reversal will be confirmed with a downside target near $8.
#PreciousMetalsPullBack
#Chainlink
#LINK
$LINK
On the weekly chart, $LINK stock forms a head and shoulders pattern with a neckline at the 10.08-12.23 dollar level, a classic reversal pattern from bullish to bearish.
If this neckline holds during the next two weeks, a rebound is likely. If it breaks, the trend reversal will be confirmed with a downside target near $8.
#PreciousMetalsPullBack
#Chainlink
#LINK
$LINK
LINK5,91%
- Reward
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- 1
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BasheerAlgundubi:
If this neckline holds during the next two weeks, a rebound is likely. However, if it breaks, a trend reversal will be confirmed with a downside target near $8.:🔥 LINK / USDT – Clear Level Plan from a Trader's Perspective
LINK is currently stuck in the 12.30 - 12.60 range.
No trend, no momentum → it's basically a level trading market.
🔍 Key Technical Levels:
13.30 – 13.50: Main resistance
→ The long appetite is limited before a large volume breakout.
12.30 – 12.00: Main support / holding area
11.70: A signal of weakness and selling pressure
📉 Volume is decreasing → Breakout attempts are not providing confidence for now.
📌 Possible Scenarios:
Hold above 12.30 → Reaction rallies may be seen
Close above 13.50 → The structure strengthens, the
LINK is currently stuck in the 12.30 - 12.60 range.
No trend, no momentum → it's basically a level trading market.
🔍 Key Technical Levels:
13.30 – 13.50: Main resistance
→ The long appetite is limited before a large volume breakout.
12.30 – 12.00: Main support / holding area
11.70: A signal of weakness and selling pressure
📉 Volume is decreasing → Breakout attempts are not providing confidence for now.
📌 Possible Scenarios:
Hold above 12.30 → Reaction rallies may be seen
Close above 13.50 → The structure strengthens, the
LINK5,91%
- Reward
- 17
- 12
- Repost
- Share
Falcon_Official
:
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