In the LINK/USDT chart on H1 timeframe I see the following elements:

Support Level S1 (23.59): LINK seems to have bounced near this level. It is an area of ​​interest to evaluate possible long entries, especially if supported by increasing volumes.

Support Level S2 (22.31): If the price drops further, this could be the next target for a bounce. Here too, we will have to monitor the volumes and price reactions.

Significant Volumes: There was a spike in volumes associated with the bearish movement. This could indicate a possible exhaustion of the selling pressure or, on the contrary, a continuation of the trend.

RSI (if available): Evaluating a possible oversold could help confirm a possible reversal.

What to do now:

If you are interested in going long, I would wait for a confirmation of a reversal, such as a bullish pattern (e.g. an engulfing or hammer) and an increase in volume above key levels.Stop loss: I would place a stop loss below the S2 level (22.31) to protect against further declines.