LINK/USDT Technical Analysis
On the LINK side, after a sharp decline, we see an attempt to form a base within the 8.28 – 9.07 range. The $9 level stands as the first short-term threshold.
If price maintains above $9, upside momentum is expected to accelerate, targeting $10.15 initially, followed by the $11.35 – $11.50 range. The $11 area is a strong resistance zone, as it previously served as a breakout level.
In the downside scenario:As long as there are no closes below $7.15, the current rebound structure remains valid. A loss of $7.15 could deepen selling pressure and bring lower support levels back into focus.
Summary:
- If $9 is broken → $11 zone becomes the short-term target
- Structure remains valid unless $7.15 is lost
These analyses do not provide investment advice and focus on support and resistance levels that are considered to offer short- and medium-term trading opportunities depending on market conditions. However, responsibility for execution and risk management lies entirely with the user. In addition, the use of stop loss is strongly recommended.
