LINK Is Rising Fast — But $17.5 Holds the Key
LINK is recovering strongly on the weekly chart, with price above the major moving averages and MACD remaining bullish.
But the important zone is still ahead.
Resistance: $16–$17.5
Breakout confirmation: Weekly close above $17.5
Support: $12.5–$13.0
Invalidation: Weekly loss of $12.5
At $14.5–$14.6, LINK is approaching resistance, so chasing here offers poor positioning.
I’m waiting for either a confirmed breakout above $17.5 or a controlled pullback into support.
Structure first. Risk always.
