The
LINKUSDT LINKUSD chart on the 3D timeframe shows a well-defined range between $17.92 (resistance) and $13.32 (support), where price has been oscillating. Currently, LINK is testing the $17.92 resistance, a critical level that aligns with the EMA ribbon, reinforcing its importance.If the price fails to break above $17.92 and starts rejecting this zone, a market structure shift on lower timeframes could confirm a move back down toward $13.32, keeping the range-bound behavior intact.
On the other hand, a clear breakout above $17.92 could invalidate the bearish scenario and open the door for a push toward higher levels.
For now, price remains below the EMA ribbon, suggesting that momentum is still on the bearish side unless buyers step in with strength.
👨🏻💻💭 Will LINK finally break above $17.92, or is another drop to $13.32 coming? Share your thoughts and let’s analyze the next move!
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Disclaimer
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.