LINK (Chainlink) shows strength and tests critical region
After a sequence of consolidation, LINK rises again and tests the $14 range, with reversal structure gaining strength.
š [Daily Chart ā LINK/USDT]
⢠Current price: $13.78 (+0.15%)
⢠RSI(6): 61.91 ā exiting the neutral zone, with increasing strength
⢠Volume: healthy, with no signs of exhaustion
⢠EMAs:
āāŖ EMA7: $13.39 ā
(price above)
āāŖ EMA25: $13.43 ā
(also surpassed)
āāŖ EMA99: $14.45 ā (still a macro resistance)
LINK shows clear technical recovery after the low at $10.94.
With the breaking of short-term averages and approaching EMA99, the asset signals an attempt to resume the trend.
š Important levels:
⢠Immediate resistance: $14.45 (EMA99)
⢠Technical support: $13.43 (EMA25) and $12.99 (congestion zone)
š¢ Possible strategy:
ā DCA can be considered at the current zone, especially for those who believe in the strength of the Chainlink network in the medium/long term.
ā Confirmation will only come with a breakout of EMA99 and a close above $14.50.
ā Otherwise, it may lateralize between $13ā$14 before a new movement.
āļø Technical summary:
āļø Short and intermediate averages surpassed
āļø RSI with upward bias
ā ļø EMA99 still imposes technical limit
šø Consistent volume, without artificial spikes
ā³ Aggressive entry requires breaking $14.50 with confirmation
Disclaimer: This analysis is educational. It does not represent financial advice. Do your own research before investing.
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