💥$LINK /USDT Testing Key Support – Will Bulls Take Charge?🔥
⚡Current Position:
#LINK is trading at 14.53 USDT, marking a 4.09% decline in the past 24 hours. Price movement has ranged between 15.22 (24H High) and 14.46 (24H Low), reflecting bearish pressure but hovering near a critical support zone.
⚡EMA Analysis:
🔸EMA 7: 14.57 USDT
🔸EMA 25: 14.72 USDT
🔸EMA 99: 14.76 USDT
⚡LINK’s price is below all key EMAs, signaling bearish momentum. The downward slope of EMA 7 and EMA 25 suggests continued selling pressure. Bulls need to push the price above EMA 7 and EMA 25 to confirm strength returning.
⚡RSI Insights:
RSI (6): 32.08
The RSI is near oversold territory (below 30 is extreme), meaning a potential bounce could be in play. If RSI moves above 40–50, it would indicate growing bullish momentum.
⚡Volume Check:
Volume bars show steady trading, but no clear buying surge yet. If volume spikes alongside price movement, it could confirm a trend shift.
⚡Possible Next Move:
If LINK reclaims EMA 7, price could attempt a recovery toward the 14.80+ zone.
If selling pressure increases, watch 14.46 as the next key support level.
🔊This could be a great time to buy if LINK bounces from the support zone and volume increases. Watch for signs of EMA recovery and RSI strength before confirming bullish momentum.
Buy Or Trade With Me On $LINK
