🚨 $LINK /USDT – Oversold Bounce Loading or More Bleed Ahead? 🔁🔻
$LINK just dipped to $17.75 but bounced back with a 4.04% recovery. RSI is in extreme oversold territory—are we looking at a sharp reversal or another leg down? Let’s analyze! 👇
📊 Market Overview
📍 Current Price: $17.75
📈 24h High: $19.17
❄️ 24h Low: $16.77
📊 Parabolic SAR: (Check live chart – could be flipping soon!)
📉 MACD Momentum: (MACD values not provided – monitor 4H chart for crossover)
🧠 RSI(6): 24.48 – Deeply oversold! 🚨
🔹 MA(7): 18.36
🔹 MA(25): 18.08
🔹 MA(99): 16.67
📈 LINK Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If LINK Holds Above $17.50):
Entry: Above $17.80
Targets: $18.40, $19.20, $20.00+
Stop-Loss: $16.50
🔹 Bearish Scenario (If LINK Breaks Below $16.50):
Entry: Below $16.50
Targets: $15.50, $14.70, $13.90
Stop-Loss: $18.00
🔍 Should You Hold or Sell?
✅ RSI is at extreme lows—perfect setup for a dead-cat bounce or V-reversal
⚠️ Short-term MAs trending down—watch for fakeouts on low volume
📉 A breakdown under $16.50 could trigger sharp downside
💡 Pro Tip:
🚀 Look for bullish engulfing candles near $17.80 with RSI divergence to confirm entry
⚠️ If volume fades near $18.40, consider partial exits or tight stops
📢 Will you scoop the dip or wait for confirmation? Comment your LINK strategy!
🔥 LIKE & SHARE for more sharp crypto trade setups! 🧠💹