#LINKUSDCT Perp: Overbought Signals Flash - Prepare for Pullback! ⚠️
Current Price: $14.128 (+3.43%)
24h Range: $13.588 - $14.445
Volume: 1.33M LINK ($18.66M USDC)
Key Indicators & Analysis
1. Bearish Short-Term Signals:
- Stochastic RSI: 94.83 (extremely overbought! 📉).
- OBV: -10.28B (heavy distribution/selling pressure).
- Volume Divergence: Current vol (121K) < MA(5)/MA(10) (203K/193K).
- Bollinger Bands: Testing upper band (14.25) – rejection likely.
2. Bullish Silver Linings:
- RSI(6): 62.89 (bullish momentum intact).
- Long Dominance: 81.43% accounts long (hold sentiment).
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Trade Strategy: Tactical Pullback Play
✅ Best Entry:
- Short-Term Short: Near $14.25 (upper Bollinger band + overbought STOCHRSI).
- Long-Term Buy: Dip to $13.65 (lower Bollinger band) or $13.90 (middle band + volume support).
🎯 Exit Targets:
- Short TP: $13.90 (middle band) → $13.65 (lower band).
- Long TP: $14.25 (upper band) → $14.45 (24h high).
❌ Stop Loss:
- Short: $14.46 (above 24h high).
- Long: $13.50 (below 24h low).
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Surety Rate: 80% (Pullback to $13.90 Likely)
- Why? Extreme overbought STOCHRSI + negative OBV + volume divergence.
- Key Trigger: Close below $14.00 confirms pullback.
#LINKUSDC #OverboughtAlert #Chainlink #CryptoPerps
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Disclaimer: Shorts are tactical (1-2% risk). Longs require dip confirmation. Monitor OBV reversal! 🔄