LINK's current price is approaching a key moving average, which is the dividing line between the bulls and bears. The market trend often becomes clear at this moment.

If buying pressure pushes the price upward and breaks through, the first obstacle to overcome is the $15 resistance. Once stabilized above this level, the upward momentum could target $16.7. If the momentum continues, a higher target of $17.6 is also within sight. This continuous rise would indicate that the market is gradually shifting from consolidation to active attack, with the bulls gaining the initiative.

Conversely, if the price fails to hold the moving average and breaks below without recovery, the signal is not very good. In this case, LINK may enter a range-bound oscillation. The critical support to watch is around $10.95. If the daily close breaks below this level, it is very likely to enter a clear downtrend.