There are numerous key levels on link and have currently taken resistance
Fundamentally the overall outlook on Link is positive with big brands such as dolce gabanna making use of Link technology
At the time of writing Link is $6.9 USD
Link is also down 89.40% (or 47.53 pips) from the high.
If we can hold at this key support level and form a base the opportunity of a lifetime could be in place - a potential 10X to the previous highs.
What is important to note is that both link and the Beta of crypto along with the world are trending lower, the biggest question before making this decision is whether you believe there will be mass adoption of crypto as a currency on the blockchain.
If you do think this will be the case, you should definitely look to start accumulating or preparing for a long position - particularly if we can see the decoupling from the world markets in the crypto space