📊 LINK/USDT (4H Chart) Technical Breakdown

💵 Current Price: $14.38 (+5.89%)

📈 Trend: Bullish Breakout

📍 Recent High: $14.63

📉 Recent Low: $12.64

📊 Volume: Increasing

📐 RSI: 73.29 (Overbought Zone)

📏 MA Crossover: MA(5) > MA(10) — Bullish Signal

---

🔍 Market Context:

LINK has broken above short-term resistance with rising volume, suggesting strong bullish momentum. The RSI is entering overbought territory, which may lead to a pullback before continuation. The previous rejection at $14.63 is the key level to watch.

---

🎯 Trade Setup – Short-Term BUY

Entry Zone: $14.20 – $14.35

Target 1: $15.50

Target 2: $15.90

Stop Loss: $13.80

Risk Level: Moderate (RSI overbought)

---

🧠 What to Watch For:

✅ Clean break and close above $14.63 with strong volume = bullish continuation

⚠️ Weak rejection and falling RSI = possible dip to $13.85–$13.60 support

---

🚀 Final Take:

LINK looks strong, but enter with caution — overbought RSI may trigger short-term volatility. Use stop loss wisely and monitor volume on the next candle close.

$LINK #Chainlink