Chainlink (LINK) bullish momentum is not overheated; buying LINK now may be worth considering.
Reference price: $12.57 · Daily RSI: 48.2 · H4 RSI: 59.
LINK’s daily RSI is in neutral territory, the price is above 5 of the 8 moving averages being tracked, and short-term momentum is tilted bullish. However, the daily MACD is still negative, and recent ETF inflows remain quite modest: only about $790,000 over 7 days.
Strategy: watch support around $12.09–$12.10; only consider a LONG after a sweep, bullish MSS, and retest. Nearby resistance is at $12.83 $LINK
#LINK🔥🔥🔥
Reference price: $12.57 · Daily RSI: 48.2 · H4 RSI: 59.
LINK’s daily RSI is in neutral territory, the price is above 5 of the 8 moving averages being tracked, and short-term momentum is tilted bullish. However, the daily MACD is still negative, and recent ETF inflows remain quite modest: only about $790,000 over 7 days.
Strategy: watch support around $12.09–$12.10; only consider a LONG after a sweep, bullish MSS, and retest. Nearby resistance is at $12.83 $LINK
#LINK🔥🔥🔥