### 📊 **Chart Overview – LINKUSDT (4H):**
* **Current Price:** \$17.65
* **Recent Trend:** Pullback from the \$20.00 resistance zone.
* **Key Support Zones:**
* Immediate: **\$17.00 – \$17.20** (gray demand zone).
* Stronger: **\$14.00 – \$14.20**.
* **Resistance:** \$20.00 psychological level.
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### 🔍 **Technical Breakdown:**
1. **Trendline Interaction:**
* Price is testing the **ascending red trendline**, which could act as dynamic support.
* A break below could push LINK toward **\$17.18 or even \$14.16** for a deeper correction.
2. **Bullish Scenario:**
* If the \$17.00 zone holds, LINK could bounce and aim for **\$18.50 – \$19.80** in the short term.
3. **Bearish Scenario:**
* A decisive break below \$17.00 may trigger a larger move down to the **\$14.00 support zone**, offering better accumulation levels.
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### 📌 **Summary:**
LINK is at a **critical decision point** — watch the \$17.00 support zone and the trendline closely for direction confirmation.
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⚠️ **Disclaimer:**
*This analysis is for informational and educational purposes only. It is not financial advice. Always DYOR and manage your risk before trading.*
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.
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.