$LINK is showing a short-term recovery after bouncing from the 8.3–8.5 demand zone, but price is now approaching a key resistance area around 9.3–9.4 where sellers previously stepped in.

The current move looks like a relief bounce rather than a full trend reversal, especially with price still sitting inside a broader range. A rejection from this resistance zone could lead to another move back toward the 8.6 area.

For now, the market is reacting between clear levels upside into resistance, downside into support. Chasing here isn’t ideal; waiting to see how price reacts at resistance gives a cleaner direction. #link