LINK/USDT Perpetual – 30m Chart Analysis
📌 Current Price: $18.975 (-1.26%)
📉 Trend: Bearish (Below MA7, MA25, and MA99)
📊 RSI (6): 24.50 (Oversold)
🔥 Volume: Increased selling pressure
Trade Setup
🔹 Entry Strategy:
Long Entry: $18.80 – $18.90 (Oversold Rebound)
Confirmation: RSI rising above 30 with bullish candle
🎯 Target Levels:
✅ TP1: $19.10 – Partial exit
✅ TP2: $19.30 – Secure 60% position
✅ TP3: $19.60 – Final target
❌ Stop-Loss:
Below $18.75 (Further breakdown risk)
⚡ Key Insights:
RSI at 24.50 signals oversold conditions—potential for a bounce.
Price near strong support—watch for reversal confirmation.
Volume spike suggests high market activity—wait for bullish confirmation.
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