Chainlink (#LINK ) surged 39% in the past week, with a strong upward momentum and high investor sentiment 🔥. However, technical indicators remind us not to be too impulsive — the RSI has entered the overbought zone (above 70), suggesting a possible pullback or consolidation in the short term ⏳.
In simple terms, while LINK has performed impressively, a correction phase may be on the horizon, and traders need to stay alert and prepare for volatility 📉. Steady operation is the key!