Watching $LINK 1D as bears keep control but bulls test the waters

Price remains under pressure below the recent high near 23.7, confirming a bearish trend. Momentum indicators show some short-term bullish hints, but overall strength is lacking.

The key resistance cluster sits between 14.9 and 16.8, where a fair value gap and order blocks suggest sellers remain active. Support holds around 11.7 to 10.9, offering a potential floor for price. A short setup could form on a rejection near resistance, targeting support below. Conversely, a clear break above 16.8 with strong volume could open a bullish path.

LINKUSDT

Perp

14.15

+2.19%