$LINK is approaching an important battle zone!
A long liquidation of $1.5646K at $11.535 signals downside pressure around this level. Bulls now need to establish strong demand and reclaim nearby resistance to shift momentum.
Support: $11.30–$11.50
Resistance: $11.75–$12.00
Next Target: $12.20, followed by $12.50.
If LINK holds its support zone and buying volume increases, a recovery toward higher resistance becomes possible. A breakout above $12.00 could strengthen the bullish setup. However, a breakdown below support may expose lower levels.
Watch the reaction carefully — the next move could create a strong opportunity!