LINK price at $11.51 overbought - Shallow dip before $13 target. Resistance at $11.75. Smart money holds, trend intact.

The cryptocurrency LINK is currently facing a strong resistance at $11.75, while its Relative Strength Index (RSI) indicates it is considerably overbought. The Moving Average Convergence Divergence (MACD) momentum has also leveled off. Despite these indicators, institutional investors are maintaining long positions, suggesting confidence in the asset. The overall market trend for LINK remains steady.