$LINK $LINK At the Pressure Intersection — Stay Still or Explode?
LINK is currently in the $18 range (4-hour TF), after bouncing off the support area of $16.77.
The pressure from MA20 and MA50 is still holding the movement, but the potential push from the momentum side is starting to appear.
📉 RSI is approaching the 50 level — neutral zone, but it's an important point. If it can break above 50, usually the price starts to strengthen more stably.
📈 MACD shows a small golden cross — an early positive signal, though not accompanied by large volume yet.
🔊 Volume hasn't exploded yet, but it's starting to slowly rise — enough to form a consolidation base.
The market seems to be waiting for a clear direction. But these technical signals could be the basis that selling pressure is starting to weaken and the potential for a breakout is beginning to open.
Personally, I remain optimistic for swings until Q4.
LINK has a strong foundation from a fundamental perspective: CCIP adoption is expanding, staking is increasing, and its role as data infrastructure in the crypto ecosystem is becoming stronger.
LINK is currently like a ball being tossed in a narrow corridor.
Sometimes it bounces up, sometimes it's reflected down.
But once it successfully exits the $20 corridor, it usually can fly further.
In your opinion, is it time for silent accumulation, or should we still be patient and wait for the next bounce?
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