🚨 Technical analysis for the currency $LINK | 4-hour frame

🔹 Current price: 12.75$

– The currency has succeeded in breaking the descending trend line that was dominating for a while, and this is a positive signal in the short term.

– The price is currently facing a strong supply area near 13.0 – 13.3

– The last movement indicates a Higher Low after the breakout, which supports the continuation of the rise provided that it holds.

– The RSI indicator is above 50 and is moving positively → gradually increasing momentum.

🔼 Positive scenario (Rise):

If it holds above 13.00

🎯 13.80 – 14.50 – 15.20

🔽 Negative scenario (Fall):

If it falls below 12.30

❌ 11.80 – 11.20 – 10.80

📌 Note: The breakout needs confirmation with a 4-hour candle close above the resistance.

⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.