$LINK Bottom Found? 🚀

Entry Zone: 12,000 - 12,200

Stop Loss: 11,600

Take Profit Targets:

∙ TP1: 12,500

∙ TP2: 12,850

∙ TP3: 13,200

$LINK has been grinding in a major downtrend, falling from a high of 26,609 to a low of 8,164. Now, it’s hunting for a stable bottom around 12,200. Price action is showing weakening selling pressure – look at those smaller candle bodies! 📉 The 7-day moving average (MA7) at 12,372 is flattening right near current prices, hinting at a potential reversal.

Plus, 59.31% of orders are leaning bullish, showing growing investor optimism at this level. If $LINK holds support at 12,100 and volume picks up, we could see a strong technical bounce and a test of higher resistance levels soon.

#LINK #Chainlink #CryptoTrading #Altcoins 🚀

LINKUSDT

Perp

12.25

-0.27%