LINK/USDT — Descending Trendline Test: Break or Rejection?LINKUSDT SPOTBYBIT:LINKUSDTCryptoNuclearLINK/USDT on the 12H timeframe is still moving within a medium-term bearish structure, but price is currently testing a major descending trendline resistance that has capped upside movement since the previous highs. This places LINK in a critical decision zone. --- 📐 Pattern & Price Structure Primary Pattern: Descending Trendline (Bearish Structure) Price has been forming consistent lower highs and lower lows. Price is now approaching a dynamic resistance (yellow trendline), which has: Acted as strong resistance for months Become a key validation level for either continuation or reversal Additionally, price is consolidating in a tight accumulation range below the trendline, often a precursor to a strong breakout or breakdown. --- 🧱 Key Levels Resistance: 13.55 – 14.70 → Minor resistance / supply zone 16.50 → Next structural resistance 18.50 – 19.90 → Extended bullish targets after a confirmed breakout 23.40 → Major resistance / previous distribution area Support: 12.40 – 12.00 → Nearest support & demand zone 11.70 → Critical support (bullish invalidation) 11.10 → Extreme support / last defense --- 🟢 Bullish Scenario Price breaks and closes decisively above the descending trendline on the 12H timeframe. Ideal confirmation includes: Strong candle body Trendline retest holding as support Potential upside targets: 14.70 → 16.50 Extension toward 18.50 – 19.90 A valid breakout would: End the lower-high structure Signal a medium-term trend reversal or bullish continuation --- 🔴 Bearish Scenario Price fails to break the trendline and prints a clear rejection (long upper wick / bearish engulfing). A breakdown below the current range opens downside potential toward: 12.00 retest Extension to 11.70 – 11.10 As long as price remains below the descending trendline, the primary bias stays bearish / corrective. --- 🧠 Conclusion LINK/USDT is trading at one of the most important technical zones in recent months. Price reaction at the descending trendline will define the next major move: Breakout → structure shift & bullish opportunity Rejection → continuation of the downtrend Patience and confirmation are key to avoiding false breakouts in this area. --- #LINK #LINKUSDT #Chainlink #CryptoAnalysis #TechnicalAnalysis #Altcoins #Downtrend #Trendline #Breakout #CryptoTrading