LINK continues to hold a constructive structure despite recent pullbacks. Price action shows healthy retracements rather than panic selling, which is usually a good sign. Buyers are defending higher lows, keeping the broader uptrend alive. That said, LINK is facing strong resistance overhead, and repeated rejections suggest sellers are active. A clean breakout above resistance would likely attract momentum traders. Until then, LINK may continue consolidating. The chart favors continuation, but timing remains everything.
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Chainlink $LINK – Structure Still Intact
LINK continues to hold a constructive structure despite recent pullbacks. Price action shows healthy retracements rather than panic selling, which is usually a good sign. Buyers are defending higher lows, keeping the broader uptrend alive. That said, LINK is facing strong resistance overhead, and repeated rejections suggest sellers are active. A clean breakout above resistance would likely attract momentum traders. Until then, LINK may continue consolidating. The chart favors continuation, but timing remains everything.
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