LINK has been in a horizontal channel for over 200 days atm. If it breaks to the downside, this gives us a good short opportunity.
It could find support in the range between 3.8 - 4.3 USD. However, I believe this support to be briefly broken with the result of LINK hitting the 3 USD mark which might just happen if the right market conditions are met. (Mainly what BTC does).
I'm looking to buy LINK for the long-term and 3 USD could just be the sweet spot to do so!