LINK traders looking to enter the market can target this range

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Chainlink [LINK] is keen on reversing recent losses, however, the rally may ease at $6.8 unless BTC firmly reclaims $28k.

However, LINK fronted a short-term trend reversal, crossing $6.6 at press time. The recovery followedSource: LINK/USDT on TradingView

The high range also aligned with the late March/April support level. As such, bulls were not only facing a range-high hurdle but a key support-cum-resistance level. Furthermore, a negative price reaction at this level could drag LINK to lower support levels.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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