$LINK
Entry Zone: $20.80 - $21.30
Targets: $21.50 / $22.00 / $23.00
Stop Loss: Below $20.50
Market Insights: LINK has experienced a significant 10.52% drop in the last 24 hours, breaking below key moving averages. The bearish momentum is evident, with current support at $20.89. The 90-day volume increase of 98.39% suggests active trading, but price action indicates selling pressure dominating in the short term. A reversal may occur if LINK reclaims $21.30 and holds above it.
Next Move: Monitor for consolidation at $20.80 or a breakout above $21.30 with strong volume before considering entries. A failure to hold $20.50 could lead to further downside risks.
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