2025/6/17 #LINK# $LINK Current trend assessment: short-term Rebound in a consolidation phase.
Core Indicator Analysis: 1. Price and EMA: The latest closing price is 13.69, which is between the fast line EMA(13.57) and the slow line EMA(13.59), showing a bonding state. Previously, the fast line had crossed below the slow line to form a death cross (06-13), but the current difference (-0.025) indicates that the downward momentum is weakening. 2. MACD Indicator: The MACD histogram has narrowed for 4 consecutive periods (from -0.213 to +0.102), and the bearish momentum continues to diminish. The DIF line (-0.025) has the potential for a golden cross by crossing above the DEA line (-0.127). 3. Trading Volume Characteristics: On June 16 at 20:00, a long upper shadow with a volume of 138 million appeared (14.17→13.56), indicating strong resistance above. The latest transaction volume (538 million ) has returned to the mean level, lacking directional capital intervention. 4. RSI Series Indicators: RSI(52.07) rebounded from the oversold area (31.2) to the neutral zone. StochRSI(72.03/85.77) shows short-term overbought conditions, which may limit the Rebound space. Multi-period verification: Short-term ( recent 10 cycles ): rebounded 8.5% from the low of 13.0, but failed to break through the previous high of 15.6. Medium-term ( full cycle ): still in the downward channel since the high point of 15.23 on June 10. Key price level: Resistance levels: 13.75 (recent high), 14.17 (long shadow top) Support levels: 13.31 (recent low), 13.0 (psychological level) Operation suggestions: Currently in a downtrend with a technical Rebound, suggestion: 1. A breakout above 13.75 accompanied by increased volume may allow for a light long position. 2. If it falls below 13.31, it may restart the downward trend. 3. In the oscillation range ( 13.3-13.7, it is advisable to remain on the sidelines. Please note that if the following changes occur in the data on 06-17 at 04:00, it will change the trend judgment: Volume breaks through 13.75 → Transitions to a short-term upward trend Break below 13.31 and RSI returns below 50 → Confirm continuation of downtrend
View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
2025/6/17 #LINK# $LINK Current trend assessment: short-term Rebound in a consolidation phase.
Core Indicator Analysis:
1. Price and EMA:
The latest closing price is 13.69, which is between the fast line EMA(13.57) and the slow line EMA(13.59), showing a bonding state.
Previously, the fast line had crossed below the slow line to form a death cross (06-13), but the current difference (-0.025) indicates that the downward momentum is weakening.
2. MACD Indicator:
The MACD histogram has narrowed for 4 consecutive periods (from -0.213 to +0.102), and the bearish momentum continues to diminish.
The DIF line (-0.025) has the potential for a golden cross by crossing above the DEA line (-0.127).
3. Trading Volume Characteristics:
On June 16 at 20:00, a long upper shadow with a volume of 138 million appeared (14.17→13.56), indicating strong resistance above.
The latest transaction volume (538 million ) has returned to the mean level, lacking directional capital intervention.
4. RSI Series Indicators:
RSI(52.07) rebounded from the oversold area (31.2) to the neutral zone.
StochRSI(72.03/85.77) shows short-term overbought conditions, which may limit the Rebound space.
Multi-period verification:
Short-term ( recent 10 cycles ): rebounded 8.5% from the low of 13.0, but failed to break through the previous high of 15.6.
Medium-term ( full cycle ): still in the downward channel since the high point of 15.23 on June 10.
Key price level:
Resistance levels: 13.75 (recent high), 14.17 (long shadow top)
Support levels: 13.31 (recent low), 13.0 (psychological level)
Operation suggestions:
Currently in a downtrend with a technical Rebound, suggestion:
1. A breakout above 13.75 accompanied by increased volume may allow for a light long position.
2. If it falls below 13.31, it may restart the downward trend.
3. In the oscillation range ( 13.3-13.7, it is advisable to remain on the sidelines.
Please note that if the following changes occur in the data on 06-17 at 04:00, it will change the trend judgment:
Volume breaks through 13.75 → Transitions to a short-term upward trend
Break below 13.31 and RSI returns below 50 → Confirm continuation of downtrend