ALERT: $LINK Rebounds From the Brink But Is This Just a Dead Cat Bounce❓#LINK just clawed its way up from a brutal $10.10 low, now hovering around $10.75 after a savage -15.15% intraday plunge. While it’s showing signs of recovery, don’t be too quick to call it a comeback the bears haven’t let go just yet.

Quick Stats:

Current Price: $10.75

24h High / Low: $12.71 / $10.10

Stoch RSI: 95.58 – indicating extreme overbought conditions after the bounce

Order Book Sentiment: 56% Buy vs 44% Sell

The Setup:

The bounce from $10.10 came fast and sharp — possibly fueled by short squeezes and dip buyers jumping in. However, with such a steep drop leading into this move, the structure still leans bearish unless $11.20 gets reclaimed convincingly.

Key Levels to Watch:

Resistance: $10.95–$11.20 zone

Support: Still weak under $10.40 — bulls need to defend this now

Breakdown Risk: Below $10 again, and panic may resume

Final Take:

This relief rally has some spark, but with momentum overheated and broader weakness in the market, caution is crucial. If volume dries up, this could fizzle fast. Wait for confirmation before going long otherwise, it’s just smoke and mirrors.

buy and trade here $LINK