Breaking Above the Resistance Level

71
LINK is currently within a range where a key resistance level is identified at $11.12. This level acts as a critical resistance, and breaking above it could indicate the return of buyer strength and the beginning of a new upward trend.

Potential Scenarios:
Breaking Above the $11.12 Resistance:
If the price can break above the $11.12 resistance level, this move could lead to an increase in price, reaching higher levels like $12 and $14. These levels are considered potential targets for an upward move.
Failure to Break Resistance and Price Reversal:
If the price fails to break above the $11.12 resistance, there is a possibility of a return to lower support levels like $9 and $8.49. These areas serve as key levels to support the price against further declines.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.