LINK is still trading within an ascending channel.
We saw the market bounce from support during the recent selloff, and I do expect that area to hold going forward.
That said, I want to buy lower.
If this first bounce fails, which it looks like it’s going to, I’d keep a very close eye on the area just above $24.
But like everything else, it’s going to depend on whether or not BTCUSDT settles at $47,000 like I think it will.
If it does, then LINK should hold above $24.
Key resistance is $28.50 and $33.40.