๐จ $LINK /USDT โ Oversold Opportunity or More Pain Ahead? ๐ฅ
$LINK is under pressure, dropping -5.47% to $15.38. With support nearby and volume spiking, is this a golden dipโor is $14 next?
๐ Market Overview
๐ Current Price: $15.38 (-5.47%)
๐ 24h High: $16.47
โ๏ธ 24h Low: $15.14
๐ Parabolic SAR: (Not explicitly shown โ Trend softening)
๐ MACD Momentum: (Based on MAs)
MA(7): $15.56
MA(25): $15.92
MA(99): $15.53
โก๏ธ Price below short and mid-term averages = short-term bearish pressure.
๐ LINK Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If LINK Holds Above $15.00):
Entry: Above $15.60
Targets: $16.47, $16.90, $17.50
Stop-Loss: $14.80
๐น Bearish Scenario (If LINK Drops Below $15.00):
Entry: Below $15.00
Targets: $14.29, $13.71, $13.00
Stop-Loss: $15.70
๐ Should You Hold or Sell?
โ Consolidation above $15.00 keeps bullish reversal potential alive.
โ Price hovering near MA(99)โcritical long-term level to watch.
โ A breakdown below $15 could accelerate selling toward $14.29.
๐ก Pro Tip:
๐ A bounce above $15.60 with strong volume could fuel a rally back to $17+.
โ ๏ธ Weak volume near resistance = watch out for bull traps!
๐ข Are you scooping the dip on LINK or waiting for $14? Drop your take in the comments! ๐
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