💥💥💥 Momentum has cooled after the recent breakout attempt stalled, allowing sellers to push price back toward a key demand area. The pullback appears more like a test of buyer conviction than a confirmed shift in trend, making the next reaction especially important.

The $8.28–$8.33 demand zone is the first major level to watch. A strong response from this region could fuel another advance toward the $8.78–$8.85 supply zone, while failure to hold support would expose price to a deeper corrective move.

For $LINK , maintaining this demand zone would keep the broader bullish structure intact and increase the probability of another challenge at resistance. A decisive reclaim of the supply zone would further strengthen the case for continued upside.

The coming sessions should reveal whether buyers are prepared to defend recent gains or if sellers will extend the current pullback before the next directional move begins.

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$LINK ‌