📉 Technical Analysis – LINK/USDT (1W)

✅️ General Trend

The macro trend is still bearish since the peak at $30.94, with lower highs and lower lows.

Currently, the price is at $13.99, with a drop of -2.85%, respecting resistance from the short EMAs.

📊 Moving Averages (EMAs)

• EMA 7 (14.86) is above the price → sign of weakness.

• EMA 25 (15.73) and EMA 99 (14.63) act as dynamic resistances.

• The crossing of averages suggests a continuation of the correction.

📉 RSI (6) – 42.55

The RSI below 50 confirms the absence of buying strength.

It is not yet oversold, but is approaching a region where reversals occur (30–35).

🔍 Important Support

• Support at $10.98 is a critical zone where the price reacted in the past.

• Previous low and area of high liquidity → ideal for DCA or first tactical purchase.

📉 Volume

• Volume is decreasing → confirms buying slowdown.

• Favors a new correction before reversal.

🎯 Suggested Action Plan

📌 Entry Zone:

• First entry between $10.98 and $11.20, with a technical alert already marked.

📌 Strategy:

💸 DCA (Dollar Cost Averaging): fraction purchases between $11.20 and $10.50.

• Watch for reversal signals in the RSI or candles like hammer and engulfing.

• Confirm entry with a breakout of the weekly EMA 7.

📌 Initial Target (swing):

• $15.50 to $17.00 (EMA resistances and previous peak).

📌 Suggested Stop Loss:

• Below $9.80, in case of losing the support structure.

🟡 Conclusion

The zone around $10.98 is technically favorable for tactical entry, based on previous supports. The chart still indicates weakness in the short term, but this range offers an excellent risk-reward ratio for those seeking a more strategic position.

📌 Disclaimer:

This content is purely educational and does not constitute investment advice. Always do your own analysis before trading in the market.

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