Momentum returns to $LINK , up 10.327% in 24h and pushing toward a defined ceiling.
On the 1h view, price is 11.623 with RSI 65.93 and a positive MACD, yet EMA20 at 11.276 still sits just under EMA50 at 11.293—momentum without a clear trend shift. That puts 11.749 in focus as pivotal resistance; repeated rejections there capped advances. The range floor is 10.474, where buyers previously stepped in. With ATR(14) at 0.167, swings can persist inside this band until a decisive move.
Will you wait for an hourly close through 11.749, or look for a fade back toward 11.276–11.293 and 10.474?
Not financial advice.
#LINK #MarketContext #RangeWatch
On the 1h view, price is 11.623 with RSI 65.93 and a positive MACD, yet EMA20 at 11.276 still sits just under EMA50 at 11.293—momentum without a clear trend shift. That puts 11.749 in focus as pivotal resistance; repeated rejections there capped advances. The range floor is 10.474, where buyers previously stepped in. With ATR(14) at 0.167, swings can persist inside this band until a decisive move.
Will you wait for an hourly close through 11.749, or look for a fade back toward 11.276–11.293 and 10.474?
Not financial advice.
#LINK #MarketContext #RangeWatch
