📈 Market overview
• Current price: $16.13
• 24h volatility: -0.97%
• 24h high/low: $17.83 / $16.13
• Market capitalization: $10.67 billion
• 24h trading volume: $779.17 million
• Circulating supply: 1 billion LINK
🔍 Multi-timeframe technical analysis
⏱ 1-hour timeframe (H1)
• Trend: Short-term downtrend. Price is in a short-term downtrend, with lower highs and lower lows.
• RSI (14): Near the oversold zone, indicating a potential short-term upward correction.
• MACD: The MACD line crosses below the signal line, sell signal.
🕒 4-hour timeframe (H4)
• Trend: Price is approaching a strong support zone around $15.50.
• RSI (14): Near the neutral zone, no clear signal.
• MACD: The MACD line crosses below the signal line, sell signal.
📅 Daily timeframe (D1)
• Trend: Price is in a long-term uptrend, with higher highs and higher lows.
• RSI (14): Near the neutral zone, no clear signal.
• MACD: The MACD line crosses above the signal line, strong buy signal.
🎯 Futures trading strategy 24h
Recommended position: Two-way
• Long strategy:
• Entry: $15.50
• TP: $17.00
• SL: $15.00
• Win probability: 65% if LINK bounces from the support zone of $15.50 with high volume
• Short strategy:
• Entry: $17.00
• TP: $15.50
• SL: $17.50
• Win probability: 60% if LINK does not break the resistance of $17.00 and turns down
🔗 Trade LINKUSDT futures on Binance
Trade now: Trade LINK
