LINK/USDT (4H) — The price is at $21.76 (-2.88%), showing weakness after the rejection at $23.73. The EMAs 20, 50, and 200 (between $22.18 and $22.33) are very close together, reflecting a loss of momentum and a possible transition to a range phase.
The volume remains low, while the MACD continues negative with little momentum and the RSI (42.3) approaches a slightly oversold zone.
As long as LINK does not recover $22.20, the bearish pressure could extend towards $21.00 – $20.48, although a technical reaction from that level could lead to a short-term bounce.
#LINK $LINK
The volume remains low, while the MACD continues negative with little momentum and the RSI (42.3) approaches a slightly oversold zone.
As long as LINK does not recover $22.20, the bearish pressure could extend towards $21.00 – $20.48, although a technical reaction from that level could lead to a short-term bounce.
#LINK $LINK
