⏰ Updated at 9:35 on 08/08/2025
Opportunity or trap? $LINK just surged from 15.4 to 18.67, the price is holding around ~18.52 — just a little shy of breaking the 24h peak. If you want to catch the wave, this might be the time to trade quickly, but don’t forget to manage risk.
🕓 4h Frame – Strong uptrend, breaking MA99 and maintaining buying power
On the 4h frame, LINK has decisively surpassed MA25 and MA99, creating a near-vertical rise from 15.4 to 18.67. MA7 is cutting upward strongly, the gap compared to MA25 is widening → a sign of a sustained uptrend.
MACD is strongly positive (0.237) and the histogram is continuously rising, indicating that buying power is not weakening. RSI(6) is at 88 – quite high, signaling an overbought region, but with this momentum, the price can still be 'overbought for an extended period' if the money flow is strong.
⏱️ 1h Frame – Accumulating just below the peak, no major selling pressure seen
On the 1h frame, after hitting the peak of 18.676, the price only adjusts slightly and is closely following MA7, staying above MA25 → very positive.
MACD has just crossed above the zero line, indicating that the uptrend is still maintained. RSI(6) around 71 – good buying power, no signs of trend break.
=> This is a sideways accumulation pattern after a strong increase, usually if it breaks the peak it will trigger a new FOMO wave.
🕒 15m Frame – Slight fluctuation but maintains good support
The 15-minute chart shows LINK has several wick candles around the 18.36 – 18.40 range, keeping the price above MA25. RSI(6) is at 63.5, leaving room for short-term growth. MACD is slightly negative and trending upwards → selling pressure is weakening.
=> This is a good support level for a breakout if the volume comes in stronger.
📌 Summary of personal view:
LINK is in a strong uptrend on the 4h, 1h, and 15m frames. Accumulating just below the peak is a positive signal for the possibility of breaking into a new price zone. Although the high RSI on the larger frame may cause fluctuations, if it stays above 18.36 – 18.40, I lean towards a continuing upward scenario.
🎯 Personal trade setup:
Setup: Long
Entry: 18.36 – 18.45
Stop Loss: 18.18 (below the nearest support zone)
Take Profit 1: 18.80
Take Profit 2: 19.20
Take Profit 3: 19.50 if there is a strong breakout
📌 Order management: When TP1 is reached, move SL to entry to reduce risk.
🚀 The scenario I am monitoring:
🔸 Bull case: LINK holds above 18.40 and surpasses 18.68 → extends waves to the 19.20 – 19.50 range
🔸 Bear case: Losing 18.18 → adjusts to the support zone of 17.70 – 17.60 before any new trend
👇 How about those holding LINK? Should we wait for a breakout to continue or take profits early? Share your opinions!
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