$LINK
⚠️Recommendations:⚠️
1️⃣For buyers: Consider buying if the price manages to stay above the support at 11.16 USDC. A successful break above 11.52 USDC could indicate further upside potential, but the resistance at 12.98 USDC should be closely monitored, which could be a level to consider for profit-taking.
2️⃣For sellers: If the price fails to break above the resistance at 11.52 USDC, it might be prudent to consider selling before a potential correction. Also, if the RSI continues to rise towards the overbought zone, it could indicate that a correction is coming.
⚠️Caution: Closely monitor the Stochastic RSI, which is already close to an overbought zone. If the price rises too quickly, we may see a correction in the short term
Conclusion:
LINK/USDC is showing bullish momentum, but it is facing a key resistance at 11.52 USDC. If it manages to overcome it, you might consider entering a buy position cautiously. Otherwise, a correction is possible if it fails to break this resistance.