Technical analysis by CryptoHyve_ about Symbol LINK: Sell recommendation (4/11/2025)

LINK is currently trying to break out of the downtrend on 1h chart. As we are in a big downtrend at the moment, link could potentially pullback to the 13.00 area and continue its bearish movement. If we end up breaking the 13.00 resistance, link will head higher to the next resistance which sits at the 14.35 level. I will watch link closely at the 13.00 level, once I get a confirmation of rejection from this level, I will be taking a short position there.