Amid a buying spree by $LINK whales, the token witnesses a price surge, though indicators suggest a possible price reversal on the horizon
However, despite the current bullish sentiment, traders should be mindful of the potential for a price reversal. LINK's RSI, the Relative Strength Index, is currently forming a double-top pattern. This pattern is often seen as a bearish signal, suggesting that the asset may be overbought and due for a correction.
While the big players' accumulation often induces positive market sentiment, the double-top pattern in RSI is a reminder to investors that LINK's price may soon experience a pullback. As always, while whale movements can hint at potential future price actions, investors should undertake their due diligence and consider
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