Chainlink 
$12.17The price of LINK coin, in short, has continued its downward trend since October and is stuck at a critical threshold in the 12 dollar band. Although volatility has calmed down somewhat, the stability signal remains weak on the daily chart. The failure of reaction purchases to overcome important resistance areas indicates that sellers still have not given up control. The market appears to be approaching a decision point that could determine LINK’s next direction.
LINK Coin Under Pressure in the $12–12.20 Band
In daily time period LINK The coin produces lower highs and lower lows, revealing a classic weak structure. Every bullish attempt in the last two months has stalled below levels that previously served as support. The relevant regions started to work as resistance. The fact that the reactions are limited emphasizes distribution behavior rather than accumulation.
After the sharp break in October, recovery efforts could not gain strength and there were no clear signs that the buyer side was stepping in aggressively. Relatively low volume altcoinIt shows that demand is not strongly confirmed in . The increasing compression of the price around $12-12.20 has turned into a situation that increases the risk of a downward breakout.
Current market conditions also support the decline expectation. Bitcoin 
$87,373.35 And Ethereum 
$2,938.81The fact that ‘s remains in the consolidation process, liquidity decreases and capital moves away from strong altcoins causes coins with weak structures to be left behind. Early dip buying attempts make the risk-return balance difficult for investors.
What are the Important Thresholds in Altcoin?
LINK coinThe most sensitive level on the price chart stands out as $12. A daily close below $12 may trigger a new decline as a continuation of the trend rather than a temporary sag. In such a scenario, the next demand zone lies in the $11.90–$11.50 range. This range has been viewed as the region where buyers have stepped in in the past.
In order for the weak structure to be considered invalid, the price must regain the $ 12.80-13.30 band and hold on to the relevant region. Breaking through the area that has repeatedly stopped recent rallies with increased volume could send a stronger message that the sellers have lost their power. Otherwise, it seems possible that upward attempts will be met with sales and the price will remain on a horizontal downward trending line.
For an optimistic scenario, around $15, which is viewed as the main resistance, must be overcome. A pricing above $15 with an increase in volume stands out as a threshold that can change the perception of the trend.
