Technical analysis by CryptoCoinsCoach about Symbol LINK on 12/5/2025

Symbol: LINK USDT Timeframe: 4H LINK is retesting the breakout zone after reclaiming the long term descending trendline. The market is approaching a key liquidity pocket that will decide the next wave. Key Points: • Price reclaimed the multi week trendline • Consolidation happening inside a golden retrace region • Breakout retest structure gives a cleaner bullish continuation setup • Fibonacci 0.5 to 0.786 cluster acting as the main decision zone Bullish Scenario: If LINK holds the 12.3 to 12.8 support box and confirms a higher low then a push toward 14.92 and 17.65 becomes highly probable. Momentum favours a continuation if buyers step in at the retest. Bearish Scenario: Failure of the support box opens the door to 12.29 and even 11.60 where the next liquidity pocket is waiting. What I am watching: • Stability above 13.5 • Reaction at the trendline retest • Volume confirmation on bounce