$LINK

It is correcting in an uptrend, suggesting that short-term buyers are booking profits.

The negative divergence on the RSI suggests that the bullish momentum is weakening. If the price sustains below $27.41, the LINK/USDT pair could drop to the 20-day EMA ($24.85). This is a crucial level for the bulls to defend because a break below it could sink the pair to the breakout level of $23. 

Conversely, if the price rises and sustains above $27.41, it will suggest solid buying on dips. The pair could then retest the overhead resistance at $31.