📉 Current Price: ~$13.76 (↓4.11%)
LINK is trading near oversold conditions across multiple timeframes. While mid-term momentum remains bearish, short-term signals suggest a potential rebound if price breaks above key resistance.
🔍 Multi-Timeframe Technical Summary
15m Chart
• Price = Near MA(7), below MA(25) and MA(99)
• RSI(6) = 43.3 → Neutral
• MACD = Flat (neutral)
• OBV = Negative
→ Sideways movement, watch for breakout above $13.81
1H Chart
• Price = Below MA(7) and MA(25)
• RSI(6) = 38.3 → Bearish
• MACD = Negative but converging
• OBV = Strongly negative
→ Bearish bias unless price breaks $14.00 with volume
4H Chart
• Price = Below MA(7) and far below MA(99 @ $15.12)
• RSI(6) = 30.6 → Near oversold
• MACD = Flat
→ Trend still down but RSI indicates reversal potential
1D Chart
• Price = Below MA(7) and MA(25)
• RSI(6) = 23.1 → Oversold
• MACD = Negative
→ Downtrend remains but potential for technical rebound
📌 Trade Ideas
✅ BUY Setup (Short-term Rebound – 60%)
• Entry: Break above $13.80 (1H MA7) + RSI(6) > 45
• TP: $14.50 (Daily MA25)
• SL: $13.50
• Why?: RSI oversold on higher timeframes + volume breakout confirmation
📉 SELL Setup (Continuation – 55%)
• Entry: Price fails to reclaim $13.80 + RSI(6) < 40
• TP: $13.00 (psychological support)
• SL: Above $14.00
• Why?: Overall trend remains bearish with weak volume
⚠️ Risks & Notes
• BTC movement strongly influences LINK
• Low volume could lead to fake breakouts
• Maintain R:R ≥ 1:2 and monitor 4H + 1D RSI for reversal confirmation
📌 Conclusion:
LINK remains under pressure but is deeply oversold on the daily chart. A breakout above $14.00 with rising RSI and strong volume may confirm a short-term bottom. Until then, bias remains slightly bearish.