Chainlink's LINK Token Tests Falling Wedge Resistance Near $11.50

Chainlink's LINK token is trading near $11.28, stuck in a falling-wedge pattern on the daily chart.

The price has been defending the $11.10 to $11.20 zone several times over the past few weeks, keeping the wedge structure intact.

Crypto analyst Trader Symba pointed out that LINK has started pushing against descending resistance after holding its support zone multiple times.

A confirmed break above this resistance could open the door to a stronger recovery for the token.

The first hurdle for buyers sits between $11.40 and $11.50, with clearing that zone shifting focus toward $12.00 and $12.25.