### **Technical Analysis of #Chainlink LINK /#USDT - #1h - #Binance
**Updated:** 12/Jun/2025 09:05 UTC-4
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#### **📊 Key Data**
- **Current Price:** **$14.25** (-0.35% in 1h).
- **Hourly Range:** $14.17 (L) - $14.26 (H).
- **Immediate Supports:** $14.17 → $14.00 (psychological).
- **Resistances:** $14.50 → $15.00 → $15.50.
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### **📈 Technical Signals**
1. **Market Structure:**
- **Short-term Bearish Trend** within a downward channel.
- Possible formation of a **double bottom** at $14.17 if it bounces.
- Break of $14.50 could invalidate the bearish trend.
2. **Key Indicators:**
- **RSI (14):** ~45 (neutral with bearish bias).
- **Volume:** Low on the drop (-0.35%), lack of aggressive selling interest.
3. **Possible Scenarios:**
- **Bullish Bounce:** If it holds $14.17, target $14.50 - $15.00.
- **Bearish Continuation:** If it loses $14.00, next support at $13.50.
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### **⚡ Recommended Strategy**
#### **🟢 Long (Buy)**
- **Ideal Entry:** $14.10 - $14.20 (confirming bounce with volume).
- **TP1:** $14.50 (+2.1%).
- **TP2:** $15.00 (+5.6%).
- **SL:** $13.90 (-2.5%).
#### **🔴 Short (Sell)**
- **Only if:** Closes below $14.00 (1h).
- **Target:** $13.50 (-3.5%).
- **SL:** $14.30 (+2.1%).
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### **🔍 Key Observations**
- **Critical Levels:**
- $14.50 is a key resistance (MA50 on 1h).
- $14.00 is a psychological support (last bounce on 11/Jun).
- **Moderate Volatility:** LINK tends to have rapid movements on oracle news.
**⚠️ Risk:** Altcoin with high correlation to BTC. Monitor the general market.
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**🎯 Capital Management:**
- Maximum **5x leverage** (in futures).
- Invest only **1-2% of capital** per trade.
*Source: TradingView #ElFather Educational analysis. Not financial advice.*
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