$LINK

LINK

8.77

-0.45%

is trading near 9.57 after a rejection from the 9.90–10.00 supply zone. The two‑hour chart shows a sharp bounce off the 9.02 swing low, followed by a period of consolidation that looks like a pause before the next expansion.

Buyers are defending higher lows above 9.40, which keeps the bullish structure intact for now. Immediate support sits at 9.40–9.30; as long as that range holds, downside should be limited.

A clear break below 9.30 would open the path back toward 9.00–8.95. On the upside, 9.90–10.00 remains the key barrier to overcome.