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$LINK
LINK has shifted from a strong bearish correction into a stabilization phase after defending the 9.10 support region near EMA(200).
Key resistance
9.65–9.80 → immediate EMA reclaim zone
10.10 becomes major resistance if bullish momentum strengthens
Key support
9.25–9.10 local demand area
Loss of this zone could expose deeper downside toward the psychological 8.90 region
Bullish scenario
A sustained reclaim above EMA(200) with increasing buying volume could trigger continuation momentum toward 10.10–10.50 resistance levels.
Bearish scenario
Failure to break above EMA resistance may keep LINK inside a broader consolidation structure and increase downside pressure toward lower support zones.
LINK is currently trading around a critical EMA(200) decision area after recovering from a sharp intraday selloff. Until price decisively establishes strength above the EMA zone, short-term momentum remains neutral with both breakout and rejection risks active.
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