📉 $LINK / USDT Market Update
Current Price: $24.45
24H Change: -1.93% 🔻
📊 Key Metrics:
24H High: $25.9924H Low: $24.2424H Volume ( $LINK ): 6.49M24H Volume (USDT): 162.28M
🔍 Technical Insights:
The 15-min chart indicates a bearish trend with lower highs and lower lows forming.Support has been tested at $24.24, with resistance observed near $24.67.The moving averages reflect ongoing selling pressure:MA(7): $24.54MA(25): $24.56MA(99): $24.91
💡 Market Sentiment:
Sellers remain in control as the price continues to trade below the MA(99), indicating bearish momentum.Traders may watch for a break below $24.24 for further downside or a bounce toward the MA(99) for potential recovery.
🚨 Reminder: As volatility remains high, ensure proper risk management strategies are in place before entering trades.
How are you trading LINK today? Let us know your strategy in the comments! 📩
