$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
LINK-2.71%
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DipMaster
· an hour ago
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.
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MrSafeBox
· 2 hours ago
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.
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DigitalGoldsmith
· 2 hours ago
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.
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SandwichBlockSam
· 2 hours ago
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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