🔥 BEARISH CAUTION: LINKUSDC – WEAK MOMENTUM AHEAD! 🔥
### 🚩 Critical Red Flags:
- MACD (-0.151): Bearish crossover confirmed – downward momentum persists!
- Price Below Bollinger Midline ($16.031): Short-term weakness dominates; needs to reclaim $16.03 for bullish hope.
- Low Volume: Current volume below 5/10-day MA – weak buying pressure!
- Dominant Longs (L.S. Ratio 3.58): Crowded trades risk a squeeze if sentiment flips!
### 🌟 Silver Linings:
- Stochastic RSI (7.13): Extremely oversold – potential bounce, but needs confirmation!
- Recent +2.8% Pump: Short-term relief, but long-term charts remain shaky.
### 🎯 Key Levels:
- Resistance: $16.03 (Bollinger Midline – Break this for bullish reversal).
- Support: $14.39 (Bollinger Lower Band – Crash zone if broken!).
### ⚠️ Why Avoid Buying Now?:
- MACD & price action scream "sell rallies"!
- Neutral RSI (47.5) lacks conviction – no clear trend!
- High long positions = liquidation risk if price dips!
### 🛑 Strategy:
- SHORT if price rejects $16.03 – target $14.39!
- Aggressive Bulls: Only buy if MACD flips green AND price closes above $16.03!
- Stop-Loss: Mandatory below $14.39 for longs!
#LINKWarning #RiskAware #BinanceSquare
👉 Don’t chase pumps – Trade the trend! 📉