The current price is trading around $25.95
4-hour timeframe
The overall trend is bullish in the short term with strong positive momentum.
Important levels:
Support between $23.50 - $24.00, any brief drop may find a bounce at this level.
Resistance between $26.50 - $27.00, breaking it may push the price to $30 soon.
Technical indicators:
RSI above 65 indicates strong buying power but is approaching the overbought zone.
MACD indicates the continuation of the upward momentum with the possibility of further rise in the coming hours.
Bollinger Bands: The price is approaching the upper limit, which may indicate a slight correction before continuing the upward trend.
Summary: LINK is in a strong bullish position but may experience a short-term correction before attempting to break the resistance at $26.50 - $27.00. Trading on the 4-hour timeframe supports the continuation of momentum if the price maintains support levels.
$LINK $LINK #Link #CryptoIn401k #BinanceSquareTalks #BinanceSquareFamily #LINK🔥🔥🔥 $LINK