Here's the technical analysis summary for $LINK
/USDT (Perpetual Futures)
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📌 Market Overview
Metric Value
Last Price $12.97
24h Change -2.88%
Mark Price $12.969
24h High / Low $13.383 / $12.796
24h Volume (LINK) 18.15M
24h Volume (USDT) $237.31M
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📈 Technical Indicators
Indicator Value Interpretation
MA(5) 389,992.08 Short-term demand tapering
MA(10) 454,076.68 Medium-term volume declining
Latest Vol 272,793.66 📉 Below both MAs — weak momentum
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📉 Key Price Levels
Resistance Levels Support Levels
$13.38 (24h High) $12.80 (24h Low)
$13.62 / $13.92 $12.72 (next support)
$14.15 / $14.22 $12.60 (psychological)
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🔍 Trend & Momentum Insights
Short-Term Trend: Bearish
Momentum: Weakening as price struggles below $13.00
Volume: Falling across short-term MAs — indicates indecision or exhaustion
Price Action: Lower highs, holding above support at $12.80
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🧭 Summary
LINK is currently under light selling pressure, consolidating near $12.97, just above local support.
Bears need a breakdown below $12.80 to target $12.60 or even $12.40.
Bulls must reclaim $13.38, then $13.62, for a potential upside continuation toward $14.00+.
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✅ Trade Considerations
Scenario Strategy
Bullish Long on break above $13.38, TP $13.90–$14.20, SL $12.80
Bearish Short below $12.80, TP $12.60–$12.40, SL $13.10
Range-bound Buy at $12.75–$12.80, sell near $13.38, tight stops
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