Since its all-time high in May, Link has dropped by as much as 72%. Price seemed to be forming a bottom at 15. Where we saw two tests at this level in May and June. So far we have failed to break lower. This leads to the possibility that a bottom may be forming for Link. However, it is still too early to say. Therefore, I would like to see the price consolidate above 20 again.
Lastly, you should not rule out a possibility for a third retest of the trend, especially in this highly volatile environment.
Lastly, you should not rule out a possibility for a third retest of the trend, especially in this highly volatile environment.