LINK/USDT (Daily Chart 1D)
🧠 Technical Analysis
📊 1. Overview
Current price: $13.09
Daily change: -0.23% (sideways)
High in 24h: $13.57
Low in 24h: $12.94
Volume (24h): 1.84M LINK
📉 2. Candles & Price Action
We had a strong recovery from $10.94, which was an important bottom.
The price attempted to break the EMA(25) at $13.45, but was rejected and returned to support at the EMA(7) at $12.94.
The current movement indicates an attempt to regain buying strength, but still without confirmation of a reversal.
🟡 3. Indicators
EMA(7): 12.94 → Currently serving as dynamic support.
EMA(25): 13.45 → Important resistance to overcome.
EMA(99): 14.61 → Medium-term target if there is a breakout.
RSI(6): 52.00
→ Neutral zone, with a slight upward inclination. Signals potential continuation of the upward trend if it stays above 50.
Volume: Presence of good spikes in recent bullish candles, but still below average to confirm a strong breakout.
🧠 Market Emotional Reading
😤 The market seems to have exited the extreme fear zone (near $11) and is now in cautious hope mode.
🐻 There is still selling pressure, but buyers are testing a recovery.
😐 Current market emotion: suspicious, but hopeful.
🎯 Possible Scenarios
🔼 Bullish:
If it breaks EMA(25) at $13.45 with volume, it may target:
$14.00 (psychological)
$14.60 (EMA99)
$17.16 (previous top)
🔽 Bearish:
If it loses the EMA(7) at $12.94, it may retreat to:
$12.30 (recent support)
$11.50
$10.94 (last bottom – critical zone)
✅ Tips for the Trader
If you are on the sidelines: wait for a breakout with volume from the EMA(25) for a safer entry.
If you already entered in the $11–$12 range: keep the stop below $12.90 (EMA7) or more conservatively below $12.30.
Avoid trading in the middle of the averages if the market remains indecisive — seek confirmation.
💬 And you, how are you feeling about LINK?
Did you catch this pullback at $11?
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