$LINK USDT is trading around 8.43, down nearly 4%, after failing to hold above the 8.80–9.00 resistance zone. From trading experience, this looks like a standard pullback within a broader consolidation rather than a breakdown. Price is hovering just above the 8.35–8.40 support area, which is an important level for short-term structure. Volume is lighter than recent pushes, suggesting selling pressure is controlled, not aggressive. If LINK holds this base, a move back toward 8.75+ is possible. Losing support, however, could extend consolidation before any meaningful continuation.

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