$LINK is pulling back into a key support zone around 11.90–12.00.

Price is below short-term MAs, so momentum is still bearish, but selling pressure looks tired.

If this level holds, a bounce toward 12.20–12.40 is possible.

Lose 11.90, and downside could extend to the 11.60 area.

LINK

8.2

-2.84%