$LINK

🔍 LINK/USDT Market Analysis: Is a Reversal Near?

The LINK/USDT pair is trading at $20.91, down 5.51% in the last 24 hours, with sellers dominating the market. The price hovers near the 24-hour low of $20.79, highlighting a critical support zone. A break below this level could intensify the bearish momentum, while a bounce here may signal a reversal. On the upside, the $21.20 - $21.40 range acts as a key resistance where sellers have repeatedly defended.

For traders, here's the game plan:

Short entry: Below $20.79, targeting lower levels with a tight stop above $21.

Long entry: Wait for a bullish confirmation above $21.20 to ride a potential recovery.

The downtrend is clear, but with high 24-hour trading volume (53.45M USDT), any shift in momentum could create an exciting opportunity. Stay alert, manage risks with stop-losses, and let the market confirm its next move before jumping in! 📉📈

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