The post LINK Technical Analysis Mar 22 appeared on BitcoinEthereumNews.com.

LINK price is currently positioned at the $8.65 level very close to the critical support zone at $8.3939, under pressure from short-term downtrend dominance. With a drop of over 5% in 24 hours, it remains below EMA20; whether buyers step in here will be decisive. Current Price Position and Critical Levels LINK is positioned at $8.65 under downtrend dominance in the overall market structure. On the daily timeframe, it’s trading below EMA20 ($9.08), strengthening the short-term bearish bias. RSI at 42.41 is in the neutral-bearish zone, with support tests expected before an oversold signal. The 24-hour range is squeezed between $8.60-$9.11, volume at $182M is moderate but downside momentum dominates. The Supertrend indicator gives a bearish signal and marks resistance at $10.25. In multi-timeframe confluence, a total of 10 strong levels were detected across 1D, 3D, and 1W timeframes: 2 supports/2 resistances on 1D, 1 support on 3D, 2 supports/4 resistances on 1W. As price approaches nearby supports, there’s potential for liquidity hunting, where big players may target stop-losses. Support Levels: Buyer Zones Primary Support The primary support level at $8.3939 (score: 60/100) stands out as the most critical buyer zone. This level has formed as a strong order block (OB) on the 1D timeframe; in the past, multiple tests showed high-volume buying pressure, with price rebounding over 15% from here. There’s also confluence on the 3D chart: this zone intersects the 50-day EMA and fills a historical low-volume gap as a demand zone. Volume profile analysis shows a high volume node (HVN) concentrated here, indicating an accumulation area for institutional buyers. If price forms wicks while descending from $8.65 to here, rejection is expected; in case of a breakout, a quick reversal is possible after liquidity grab. Why important? Multi-timeframe confirmation (1D+3D) and positioning below 5% offer high R/R…

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Filed under: News - @ March 22, 2026 9:22 pm