Chainlink reclaims July low of $6 – Can it push forward?

LINK reclaimed the $6 resistance as of press time, but faced key overhead hurdles to flip higher time-frame market structure to bullish.

to unlock the potential of asset tokenization. Its native token, LINK, exhibited bullish intent after the news and recovered some lost ground in September, pushing it above the $6 resistance level as of press time.Source: LINK/USDT on TradingView

Although reclaiming the resistance level was a bullish intent, it didn’t flip the H12 market structure to bullish. A bullish market structure could occur if LTC pushes above the recent lower high of $6.32.

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