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$LINK is cooling off after a sharp impulsive move from the 10.4 area into 12.6.
Now price is building a clear consolidation range around 11.2–11.8.
Key levels:
• Resistance: 11.75–12.00
• Major breakout zone: 12.00+
• Support: 11.20–11.30
• Current price: ~11.50
The structure is simple:
↳ Hold 11.20–11.30 → bulls can attempt another push toward 11.80 and 12.00.
↳ Break and reclaim 11.80 → momentum can expand toward the previous 12.40–12.60 high.
↳ Lose 11.20 → consolidation weakens and a deeper retracement becomes likely.
For now, LINK is not in a clean breakout — it is compressing after a strong expansion.
The next decisive break of this range should reveal the direction.
Watch the levels, not the noise.
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