$LINK is sitting in one of those moments where the chart feels tight and heavy at the same time.

Price slid from 13.93 to 13.06, and now it’s hovering around 13.15. That’s not random. This zone is where both buyers and sellers are fighting for control. The 13.10–13.06 area is acting like a floor right now, and how price behaves here will decide the next move.

If buyers manage to defend this support and push price back above 13.25–13.35, it opens the door for a clean relief bounce toward 13.50 and higher. That would be the first sign that the selling wave is losing power.

But if 13.06 gives way, things can turn ugly fast. There’s not much structure below, which means a flush could happen quickly.

This is the kind of range where both sides are getting squeezed. The chart is winding up. When it breaks, it won’t be quiet. Stay alert.

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