#BecomeCreator
Analysis of the LINK/USDT pair #BecomeCreator
The LINK/USDT pair has experienced a notable bullish movement in recent hours, reaching a local high of $13.49. This momentum is accompanied by a bullish crossover between the 7 and 25-period moving averages (MA 7 at $13.16 and MA 25 at $12.80), confirming the positive momentum.
Key Fibonacci Levels
Level 0.786 ($12.79): Acts as immediate support, backing the recent rise. Level 0.618 ($12.24): Represents a stronger support in case of a correction. Current Resistance: The high at $13.49 could act as resistance, and a breakout above this level would pave the way for new highs.
Volume and Outlook
Recent volume shows increasing interest, supporting the bullish trend. If the price surpasses and consolidates above $13.49, we could see new momentum towards higher levels. Otherwise, the mentioned support levels could offer interesting entry points for buyers.
Conclusion: #LINK is in a favorable position, but it is important to monitor the resistance at $13.49 and the support at $12.79 to assess upcoming trading decisions.
