$LINK /USDT: Infrastructure Token Faces Strong Pullback

Price: $22.67 (-4.75%)

24h High: $25.86

24h Low: $19.56

Volume Breakdown:

24h Volume ($LINK ): 19.32M

24h Volume (USDT): $435.80M

Key Moving Averages:

MA (7): $24.13

MA (25): $19.39

MA (99): $13.48

Market Insight:

LINK has seen significant selling pressure today, retreating from a high of $25.86 to $22.67. The price is currently below the 7-day moving average, suggesting a short-term bearish trend. However, with strong support at $19.56, there’s potential for a rebound if the market stabilizes.

Trade Targets:

Upside Potential: $25.00 - $27.00

Support: $19.56 - $19.00

Watch closely for signs of a reversal at the support zone.

#LINK #BinanceTrading #CryptoInfrastructure #MarketPullback #Write2Earn! $LINK