LINK
Current Price 12.7
Recently has been fluctuating within a descending channel, but the rebound at 4.9 indicates that LINK is attempting to hold the lower support of the channel.
However, the moving average (MA) may become a key resistance level in the short term.
If buying pressure strengthens and breaks through the moving average, LINK may regain momentum, with an initial target looking towards 16, and further testing of the 17.50 level after a breakthrough.