📊 #LINK / USDT – Monthly Timeframe Setup
LINK is approaching a major higher-timeframe demand zone around $5.58.
After an extended downtrend, price is now compressing at support — a region that previously acted as a structural base.
🔎 What Stands Out:
• Monthly demand zone near $5.58
• Downtrend momentum slowing
• Potential base formation
• High risk–reward area if support confirms
This is a macro-level level — reactions here matter.
📈 Bullish Scenario (On Confirmation):
If $5.58 holds and structure shifts bullish, upside targets become:
🎯 Target 1: $27.62
🎯 Target 2: $33.97
🎯 Target 3: $40.68
⚠️ Confirmation is key — look for higher lows and strong monthly closes above support before assuming reversal.
This is not a short-term scalp.
It’s a high-timeframe positioning zone.
ZAMA
0.0232
+13.11%
SOL
84.76
+3.63%
LINK
8.87
+4.10%