🔻 $LINK running into a heavy ceiling.


Price attempted a recovery from the recent base but the rally is already colliding with a dominant descending resistance line.


📉 Technical View:

• Pattern: Recovery move pressing into a major descending trendline

• Bias: Bearish continuation could unfold if the resistance slope keeps rejecting price

• Key Level: Watch resistance near $9.8 and support around 8.0


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⚠ If price breaks above the descending resistance and holds above the rejection zone, the expected downside continuation could lose its validity.


#LINK #Chainlink #LINK price analysis#

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March 24, 2026 at 3:02 PM
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