šØ BEARISH ALERT: LINK/USDT Perp - AVOID LONGS! šØ
### š» Key Reasons to Stay Cautious:
1. Crowded Longs: 76.52% are long! Extreme greed = liquidation risk.
2. Distribution Signs: OBV š -104M confirms heavy selling pressure.
3. Weak Momentum:
- MACD histogram fading (0.039) despite positive DIF/DEA.
- Price below Bollinger Mid-Band ($15.68) ā bearish squeeze brewing.
4. Overextended Oscillators:
- StochRSI (66.31) & MA-StochRSI (77.94) near overbought (80+).
- Williams %R (-32.8) rejecting bullish reversal.
### āļø Critical Levels:
- Resistance: $15.97 (Funding Rate Basis)
- Support: $15.07 (Bollinger Lower Band)
- Break below $15.70 (24h low) = Bearish acceleration!
### š” Strategy:
> SHORT setups preferred if price loses $15.70.
> Avoid longs until:
> - OBV turns positive + Long ratio drops below 70%.
> - StochRSI dips <20 (oversold).