Chainlink on the Brink? 🚨 $LINK is facing a critical moment.

Bears are in control after a rejection from the 20-day EMA at $12.91. Immediate support sits at $11.61, but a break below that could trigger a significant drop.

Key levels to watch:

$10.94 – Strong support. Buyers *must* defend this.

$7.90 – Potential revisit if $10.94 fails.

$15.01 – The level bulls need to conquer to signal a trend reversal. 🚀

For an uptrend to resume, $LINK needs to break above the moving averages. Don't sleep on this one!

#Chainlink #LINK #CryptoAnalysis #TechnicalAnalysis 🐻

LINK
LINKUSDT
12.28
+0.68%