Chain link Update

#BTC #LINK

📉 Price Structure & Key Levels

🔹 Support Zones

Below are updated support areas based on recent technical analyses:

$11.35–$12.05 — aligns with your zone and continues to act as a weak support / lower boundary in range-bound markets. Failure here could risk deeper downside.

~$12.00–$12.50 — this is now confirmed as a stronger short-term support band where buyers previously stepped in. A break below could increase bearish pressure. �

$10.00–$11.00 — a deeper structural support if broader weakness continues. �

Short-term trend: Price is currently consolidating above these supports, but not decisively reclaiming higher levels.

🔺 Resistance Levels

Your prior resistance area is still relevant, but the updated analysis suggests a slightly broader resistance range:

$12.38–$12.88 — short-term resistance range on smaller timeframes.

📌 Bullish Scenario

Clean break and close above $14.00–$14.20

Then next short-term target around $15.50–$17.00

If this happens, sentiment could flip toward bullish continuation.

📌 Bearish Scenario

Rejection around current resistance (low-$13/$14)

Drop below $12.00 support

This could lead to a retest of $10.00 zone and deeper consolidation.

⚠️ Reminder

This is market analysis, not financial advice. Crypto markets are highly volatile — always conduct your own research and manage risk carefully.