#LIKNUSDT 🔹 Chan Link is in the ascending channel, which is falling after breaking the static price resistance line of 12.559.
There are 2 possible scenarios
Scenario 1: The price is near the bottom of the ascending channel and is also at the static support line of 10.866. If the price is supported here, the price will rise and move up, the first target of which is 12.559.
Scenario 2: If the price does not respect the bottom of the channel and the support line i.e. the price of 10.873 and is not supported, we will see a further drop and the first target can be considered the price of 9.276.