Analysis:
LINKUSDT recently surged from a critical demand zone, last tested in October ‘23, hitting a high of $22.0. The market then saw a liquidation of long positions, filling a notable gap on the weekly chart between $8.0 and $9.0. The price currently faces a pullback, hinting at potential strategic buys.Price Targets:Short-term resistance is seen around $12.00. If LINKUSDT can clear this level, the next target is at $15.18. On the downside, support lies within the $8.79 zone. Aggressive buying is anticipated in the $7.00 - $8.00 region, signaling a bullish entry opportunity.
