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Post

2026-08-26 13:37:35

$LINK Rising Wedge Setup 👀

$LINK is compressing inside a rising wedge around the $12.00 resistance zone, with buyers still maintaining momentum.

A clean breakout above the wedge could open the door for another move higher. 🔥

Key levels:
• Resistance: $12.00
• Support: $11.50
• Breakdown target: $11.00

Bias: Bullish, but cautious.
Waiting for confirmation before chasing the move.

#GateSquare #SummerCreationCamp #ContentMining

This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.

LINK-0.18%

1
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Comment 9

SupportMiner2026-08-27

Support at 11.5 is not far away either. Be careful if it falls below 11—don't get carried away just by the bullish news.

PostAirdropPTSD2026-08-27

I generally don’t pay attention to this kind of wedge—it’s too prone to false breakouts. Unless the close holds above 12.2, I’ll just watch from the sidelines and wait for a clear direction.

Crypto Plus2026-08-26

Actually, I'm curious whether a model...

Dunia Forex Crypto2026-08-26

Paying close attention🔍

DragonTrade892026-08-26

its go up up now

DipMaster2026-08-26

Quietly waiting for breakout confirmation—let’s talk once 12 is reclaimed; otherwise, it’ll have to come back and grind around 11.5 again.

MrSafeBox2026-08-26

It has tested the 12 level several times; if it breaks through with real volume, I’ll definitely chase it, but the odds of a direct rally still feel only 50-50.

DigitalGoldsmith2026-08-26

I’m actually quite curious whether this rising wedge is a buildup or distribution. In any case, volume hasn’t given a clear signal yet, so let’s wait and see.

SandwichBlockSam2026-08-26

This setup looks like it’s about to break upward, but chasing the rise can get you hurt; it’s safer to wait for a pullback that holds above 11.5 before considering an entry.

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