#BinanceBlockchainWeek Today, let's follow LINK, this Oracle Machine leader has had some interesting movements recently.
$LINK Current price is $13.60, up 12.27% in the last 24 hours, with a market cap of $9.47 billion. The performance of the infrastructure sector in this wave is indeed impressive.
From a technical perspective, the multi-timeframe resonance has been repaired quite well: the hourly RSI has risen to 62.1, the MACD histogram has expanded to +0.008, and the mid-track resistance level is at 13.65; the 4-hour RSI maintains a bullish state at 59.4, with upper resistance at 13.80; the daily RSI has rebounded to 54.8, and the previous divergence structure has turned positive.
Derivative data is even more interesting—open interest is 580 million USD, a recent increase of 2.8%, and the funding rate is -0.012%, indicating that the bulls are in control. There is a pile of 1.2 million USD in short liquidation orders above 14 USD, making this position prone to a cascade effect.
If you want to go long, my personal view is that meeting these conditions will increase the win rate: the price stays above 13.65 and holds the 13.50 support, the hourly RSI remains above 60 while the 4-hour RSI is greater than 55, MACD continues to expand, and trading volume is more than 25% higher than the average (current TVS is around 805 billion USD). Currently, 3 out of the 5 conditions are met, giving about an 80% chance of continuing upward.
Reference trading plan: Build positions in batches within the range of 13.60-13.65, control risk with 3x leverage, set stop loss at 13.30 (pullback 2.2%), target at 14.30 (profit 5.1%), with a risk-reward ratio of 2.32:1.
Such technical repair opportunities are rare, but remember not to chase the highs; be patient and wait for a pullback confirmation.
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0xSherlock
· 5h ago
LINK is really showing some strength this time; the bulls are laying the groundwork.
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ThesisInvestor
· 5h ago
Brother, this data organization is amazing, keep an eye on LINK's repair trend this time.
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OptionWhisperer
· 5h ago
link this wave really has something, the long positions are holding back a big move
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13.65 whether it breaks or not is the key, otherwise it’s just the routine of false breakouts
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Negative fee long positions control the market trend? Alright, just afraid of a dumping at this moment
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3x leverage? I still prefer 1.5x, sleep better, who knows if there will be a Long Wick Candle
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Satisfy 3 conditions and dare to open with an 80% probability, this mindset is indeed big
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Wait for the moment when it hits 14 dollars, the short orders are really piling up
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The infrastructure rebound this time came a bit fierce, feels like link is leading the way
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To be honest, I’m just waiting to pull back to 13.50 before making a move, going in now feels a bit risky
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Stop loss only 2.2%? Risk control is pretty good, just afraid the daily chart diverges again
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The Oracle Machine is really amazing, there’s no ceiling when it rises
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OnChain_Detective
· 5h ago
wait hold up, those liquidation clusters at 14 are screaming setup vibes but let me pull the data on exchange inflows first... pattern analysis suggests maybe too textbook here, smells like coordinated pump ngl
#BinanceBlockchainWeek Today, let's follow LINK, this Oracle Machine leader has had some interesting movements recently.
$LINK Current price is $13.60, up 12.27% in the last 24 hours, with a market cap of $9.47 billion. The performance of the infrastructure sector in this wave is indeed impressive.
From a technical perspective, the multi-timeframe resonance has been repaired quite well: the hourly RSI has risen to 62.1, the MACD histogram has expanded to +0.008, and the mid-track resistance level is at 13.65; the 4-hour RSI maintains a bullish state at 59.4, with upper resistance at 13.80; the daily RSI has rebounded to 54.8, and the previous divergence structure has turned positive.
Derivative data is even more interesting—open interest is 580 million USD, a recent increase of 2.8%, and the funding rate is -0.012%, indicating that the bulls are in control. There is a pile of 1.2 million USD in short liquidation orders above 14 USD, making this position prone to a cascade effect.
If you want to go long, my personal view is that meeting these conditions will increase the win rate: the price stays above 13.65 and holds the 13.50 support, the hourly RSI remains above 60 while the 4-hour RSI is greater than 55, MACD continues to expand, and trading volume is more than 25% higher than the average (current TVS is around 805 billion USD). Currently, 3 out of the 5 conditions are met, giving about an 80% chance of continuing upward.
Reference trading plan: Build positions in batches within the range of 13.60-13.65, control risk with 3x leverage, set stop loss at 13.30 (pullback 2.2%), target at 14.30 (profit 5.1%), with a risk-reward ratio of 2.32:1.
Such technical repair opportunities are rare, but remember not to chase the highs; be patient and wait for a pullback confirmation.