LINK/USDT (Daily Chart 1D)
🧠 Technical Analysis
📊 1. Overview
Current Price: $13.09
Daily Change: -0.23% (sideways)
24h High: $13.57
24h Low: $12.94
24h Volume: 1.84M LINK
📉 2. Candles & Price Action
There was a strong recovery from $10.94, which marked a key local bottom.
The price attempted to break above the EMA(25) at $13.45 but was rejected and pulled back to rest on the EMA(7) at $12.94.
This current movement suggests buyers are trying to regain control, but there's still no confirmed trend reversal.
🟡 3. Indicators
EMA(7): 12.94 → Acting as dynamic support for now.
EMA(25): 13.45 → Key resistance to break.
EMA(99): 14.61 → Mid-term target if bullish momentum builds.
RSI(6): 52.00
→ Neutral zone, slightly tilted upward. Indicates potential continuation of bullish movement if it holds above 50.
Volume: Some healthy spikes on recent green candles, but still below average — not enough yet for a strong breakout confirmation.
🧠 Market Sentiment Insight
😤 The market seems to have moved out of extreme fear (near $11) and is now in cautious optimism.
🐻 Selling pressure is still present, but buyers are testing the waters.
😐 Current mood: hesitant but hopeful.
🎯 Possible Scenarios
🔼 Bullish:
If the price breaks above the EMA(25) at $13.45 with strong volume, possible targets are:
$14.00 (psychological resistance)
$14.60 (EMA99)
$17.16 (previous swing high)
🔽 Bearish:
If it loses EMA(7) at $12.94, pricemay pull back to:
$12.30 (recent support)
$11.50
$10.94 (critical bottom level)
✅ Trader Tips
If you're out: wait for a confirmed breakout above EMA(25) with volume before entering.
If you're in from the $11–$12 zone: keep a stop below $12.90 (EMA7) or a more conservative one below $12.30.
Avoid trading in choppy mid-range zones unless there's clear confirmation — patience is your edge.
💬 And how are you feeling about LINK?
Did you catch that pullback at $11? Holding strong or waiting for the breakout?
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