INK USDT
$LINK
---
Technical Analysis
1. Current Price: $23.407 (+0.68%).
2. Key Levels:
Resistance: $23.834 (recent high).
Support: $22.851 (recent low).
3. Moving Averages (MA):
MA(7): $23.231 (bullish crossover).
MA(25): $23.156.
MA(99): $23.409 (testing long-term trend).
4. Volume: Increasing, indicating rising market participation.
---
Indicators Interpretation
MACD:
DIF (0.000): Crossing above DEA (-0.036) signals bullish momentum.
Histogram: Positive, indicating strengthening buying pressure.
RSI(6): 73.445 (Overbought zone, potential pullback expected).
Stochastic RSI:
K (75.529), D (67.728): Upward momentum but nearing exhaustion.
---
Trend Prediction
Short-term: Bullish due to MA crossovers and rising MACD.
Medium-term: Consolidation likely around resistance ($23.834).
Long-term: Bullish above $23.409 MA(99).
---
Risk Management
1. Position Sizing: Allocate 1-2% of total capital per trade.
2. Stop-Loss Strategy:
Scalping: Tight SL ($0.10-$0.20 below entry).
Intraday: SL at $22.80.
Long-term: SL below $22.50.
3. Exit Strategy: Use trailing stop-loss to secure profits.
