LINK is approaching a major higher-timeframe demand zone around $5.58.
After an extended downtrend, price is now compressing at support — a region that previously acted as a structural base.
🔎 What Stands Out: • Monthly demand zone near $5.58 • Downtrend momentum slowing • Potential base formation • High risk–reward area if support confirms
This is a macro-level level — reactions here matter.
📈 Bullish Scenario (On Confirmation): If $5.58 holds and structure shifts bullish, upside targets become: