$LINK Update: Buy, Sell, or Hold Right Now? 👀📊
#Chainlink is currently trading around 12.45 and the chart is showing some interesting signs. After dipping to 11.99, price bounced strongly, which tells us buyers are clearly active at lower levels. That bounce was supported by decent volume, so it was not a weak move.
On the 15 minute chart, LINK is trading above short term moving averages, which usually points to
#BullishMomentum . However, price is now sitting just below a key resistance zone around 12.54 to 12.60. This area already caused a rejection once, so the market is watching it closely.
The order book also shows a slight buyer advantage, with buyers around 54 percent and sellers around 46 percent. That means sentiment is mildly bullish but not aggressive yet.
What are experts saying?
Most analysts are bullish long term on LINK due to strong utility and institutional interest. Short term opinions are mixed, with many expecting consolidation before the next big move.
So what’s the smart move right now?
Best call is HOLD.
#Buy only if LINK breaks and closes above 12.60 with volume.
#hold while price stays between 12.20 and 12.60.
#Sell only if price drops and holds below 12.00.
No panic. No chasing. Let price confirm 📈✨