๐จ LINK/USDT โ Bullish Move or Pullback Ahead? Letโs Break It Down! ๐
LINK is showing strong momentum today, currently trading at $14.57 (+4.15%), but the chart reveals overbought signals that demand attention!
Key Observations:
๐น Broke above upper Bollinger Band ($14.42) โ strong bullish sign
๐น RSI at 78.85 โ overbought territory, risk of short-term pullback
๐น High volume โ confirms strong buyer interest
๐น 24h High: $14.58 | 24h Low: $13.46
Whatโs Next?
๐ป Bearish Correction Likely:
โข Overbought RSI suggests a pullback
โข Watch support at $14.42 (upper BB), $13.78 (mid BB), and $13.14 (lower BB)
๐ Continued Bullish Momentum?
โข If volume stays strong, LINK might push higher
โข But expect possible short-term consolidation to cool RSI
What to Watch:
๐ RSI movement โ A dip confirms a correction
๐ Volume โ Falling volume = weaker bulls
๐ Price action โ Rejection from highs = signal to pull back
Always DYOR
