Signal Suggestion for $LINK
1. Buy Signal (Short-Term):
If RSI dips further into the oversold zone (below 30), it could indicate a buying opportunity.
Wait for confirmation, such as a green candlestick with increased volume.
2. Sell Signal (Short-Term):
If the price fails to break back above $18.03 (recent resistance level) and RSI trends upward, it could indicate limited upward momentum.
3. Key Levels:
Support: $16.96 and $16.47.
Resistance: $18.03 and $18.52.
Suggested Strategy:$LINK
Scalping: Use the 15-minute chart to monitor price movements near RSI levels and the moving averages.
Stop Loss: Set below $16.96 to limit downside risk.
Take Profit: Target $18.52 for a short-term trade.
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