The expected bearish correction has played out, with LINK forming a potential bottom in the highlighted support zone ($17.20 - $17.80). Bulls are expected to step in within this range to defend support and attempt a recovery. A breakout above the $20 resistance level would be an early sign of bullish momentum and potential bottom formation.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.