đš $LINK/USDT Analysis đš
đ Current Price Range: $10.44 - $11.23
Weâre witnessing some strong price consolidation around the $11 mark across multiple timeframes (1h, 4h, D). Hereâs a breakdown of key indicators:
đ Volume Profile (VPVR): The visible price range shows key support around $10.74 and $10.88. Immediate resistance sits at $11.23. Keep an eye on these levels for potential breakout or rejection.
đ MACD: The MACD is showing signs of potential bullish momentum, but the cross is weak on the 1h chart. Watch for further upward movement on the 4h and daily charts where momentum could pick up if we cross the signal line.
đ RSI (14): RSI is below 50 on the 1h timeframe at 40.75, indicating that LINK is not in the overbought zone and has room for growth. On the 4h and daily charts, RSI is in a relatively neutral zone, giving space for price movements in both directions. A move above 55 could signal stronger buying pressure.
đ Accumulation/Distribution: A/D is slightly decreasing, indicating minor selling pressure. If the value flips, we could see a price reversal soon.
đ CRSI: Currently at 60.71 in the 1h frame, CRSI suggests that we are in the neutral zone, but we could witness a push higher if buying pressure intensifies.
đ„ Ultimate Oscillator (UO): UO indicates oversold conditions on the 1h chart (45.34) and neutral on higher time frames. This could be an ideal entry point if the price stabilizes around the $10.80 - $11.00 range.
đŻ Actionable Levels:
âą Buy Zone: $10.80 - $11.00
âą Resistance: $11.23 - $11.24
âą Support: $10.74 - $10.88
Final Thoughts:
Watch for strong volume near the $10.80 support. A break above $11.23 could trigger a bullish run towards $12. Be cautious of any sudden dips, especially if RSI crosses below 30 on any timeframe.
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