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crypto analysis

07/17 01:30

Can LINK break free, or will the range trap

Can LINK break free, or will the range trap persist?

Chainlink is showing renewed strength as bulls push toward a key resistance level near $17.50. Spot demand, funding, and OI all support a bullish outlook. 

However, on-chain metrics and clustered liquidations suggest that a rejection remains possible. 

Whether LINK flips this range into support or faces another rejection will define its short-term trend trajectory.Screenshot-2025-07-16-140450-2048x475.png


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