📊 Technical Analysis – LINK/USDT (Binance)
The LINK/USDT pair surged today with an +8.57% gain, breaking through short-term resistance and showing strong bullish momentum after bottoming out at 12.64 USDT.
🔍 Technical Indicators:
✅ EMA 7 (14.26) is turning upward with momentum
✅ EMA 25 (14.59) slightly above EMA 7 – potential bullish crossover soon
✅ EMA 99 (15.19) being tested – key resistance zone
✅ RSI (6): 69.59 – near overbought levels, signaling possible short-term cooling
✅ Stochastic RSI: 73.15 – also in the overbought zone
✅ MACD has made a bullish crossover with a growing positive histogram
✅ Volume spike on breakout – confirms strong buying interest
💸 DCA Strategy (Long Entry if pullback occurs):
If the price pulls back before continuation, consider a staged DCA entry:
💸 40% at 14.20 USDT
💸 30% at 13.60 USDT
💸 30% at 12.80 USDT (recent low)
🟢 Swing Trade – Long (Leverage x3 or x5):
🎯 Target 1: 15.90 USDT (previous resistance)
🎯 Target 2: 17.98 USDT (recent swing high)
🎯 Extended Target: 18.25+ USDT (if breakout continues)
⛔ Stop Loss: 5% below average entry
🔴 Swing Trade – Short Scenario (if rejection at resistance):
If LINK faces strong rejection in the 15.90–16.00 USDT zone, a short setup may be considered:
🔴 Short Entry: 15.90 – 16.00 USDT with bearish reversal confirmation
🎯 Target 1 (Short): 14.20 USDT
🎯 Target 2 (Short): 12.64 USDT
⛔ Stop Loss: 5% above short entry
🧠 Strategy Recap: LINK is showing bullish momentum, but indicators are signaling short-term overbought conditions. Watch closely how it behaves around the 15.90–16.00 zone. A small pullback could provide a good re-entry before a push to 17–18+.
⚠️ DISCLAIMER: This content is for educational and informational purposes only. It does not constitute financial advice or a buy/sell recommendation. Always DYOR and apply proper risk management.
#LINK #SwingTrade #CryptoStrategy #TargetZone #TradeLongAndShort
