#BinanceTurns8 Write a short most professional most attractive price prediction how gain profit on this in future Write a short most professional most attractive price prediction how gain profit on this in future Write a short most professional most attractive price prediction how gain profit on this in future Write a short most professional most attractive price prediction how gain profit on this in future
Market Sentiment: Currently neutral to bullish (52% buy vs 48% sell pressure)
📌 Final Verdict:
> LINK/USDT is showing strong short-term bullish signals. A confirmed breakout above $16.35 could lead to continuation toward $17.00. However, a minor pullback to $15.80 is also possible before the next leg up.
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$LINK is currently trading below its short-term (7-period), mid-term (25-period), and long-term (99-period) moving averages, confirming a short-term bearish bias.
The recent recovery from $12.93 showed weak momentum and has stalled below the cluster of moving averages.
Price action is forming a lower-high, lower-low pattern on the hourly chart, which supports a continuation of the downtrend unless a clear breakout occurs.
Consolidation is developing between $13.34 resistance and $12.93 support, indicating the market is in a short-term compression phase.
📝Market Bias
✅ Short-term Bias: Bearish to neutral ✅ Potential Scenarios:
If LINK fails to break above $13.34 and sustain momentum, sellers may retest $12.93, with potential extension to $12.80.
If bulls manage to reclaim and hold above $13.34 on an hourly close, price could target $13.50 and $13.60 resistance zones.
📑Professional Viewpoint
Given the rejection below the major moving averages and weak recovery, the market currently favors a sell-on-rally approach until confirmed strength above $13.34 is seen. A break below $12.93 would reinforce the downtrend.
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