Recently, I have been taking a closer look at LINK's trend and found that a bullish pattern has gradually formed. I believe there is still considerable room for exploration in this wave of market movement.
From a technical perspective, the current price is around $12.410000, and I think it’s very important to hold steady here. More crucially, the support level below at $12.040000 is a relatively ideal entry point. If this support can be maintained, the probability of continued short-term upward movement is quite high. The resistance above is at $12.780000, but I am more focused on the breakout level at $12.660000. Once this level is broken, it should attract a lot of follow-up buying. The RSI is currently at 53.9, indicating a relatively healthy state without signs of overheating.
Interestingly, the market’s attitude towards LINK is still somewhat cautious, but this often presents the best opportunities. When most people are still waiting for confirmation, they often miss the optimal window for positioning. My trading approach is as follows: if the price can effectively break through $12.660000, I will consider moderately increasing my position; conversely, if the price falls below $12.040000, I will stop loss immediately—after all, protecting the principal is always the top priority.
Changes in order book bids and asks are also worth paying attention to, as they can reveal some of the main players’ movements. Anyway, I remain optimistic about LINK’s upcoming performance; there is still potential in this wave of market movement. If you’re interested, you can keep an eye on how these key levels perform.
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LiquidationWizard
· 8h ago
Oh, you're talking about LINK again. Same old spiel every time, whatever.
Just follow the trend when it breaks through 12.66, just listen, I mean it.
That support level stuff, I've been hyping it for so long but haven't seen it materialize.
Let's wait and see. Anyway, I'm just watching.
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WhaleMinion
· 8h ago
Wait, will there really be follow-up buying at the 12.66 level? I always feel it needs to break 12.78 to be meaningful.
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It's a bullish pattern again, and a support level... Forget it, let's just hold the 12.04 support first.
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RSI is only 53.9 and you're already claiming it's healthy? Your standards are way too lenient.
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Now being cautious is actually an opportunity? I've heard that many times before, and it always ends with being caught off guard.
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I'm just wondering, if 12.66 is so critical, why not set a clear take-profit target?
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Basically, it's still about betting on the main force's moves. What can you really tell from the order book?
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That idea sounds good, but the execution always falls one step short.
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Protecting the principal is always the top priority. Anyone can say that, but the key is the mindset during losses.
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Whether 12.04 breaks or not determines the next move. Nothing else.
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NFTRegretter
· 8h ago
等等,12.66突破真的有那么容易吗,感觉主力在洗盘呢
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TokenDustCollector
· 8h ago
Huh? Is it really possible to break through the 12.66 level? It feels like the main force isn't cooperating that much.
Following the trend is really easy to get cut, better to play it safe.
Feels like this wave is another well-crafted story; you'll regret it only after it truly breaks down.
Protecting principal is correct, everything else is just gambling mentality.
I want to get in but afraid of getting caught empty-handed. Forget it, I'll just keep observing.
I've been trapped in LINK for a long time, and I can't be bothered to check it now.
But if $12.04 can really hold, it might be worth a small test.
This analysis seems a bit too optimistic; reality is often harsh.
I really don't understand the main force's order placements; might as well just look at the candlestick charts.
Bullish pattern? Ha, I think it's a trapped position.
If you ask me, wait until a breakdown; this price level feels a bit fake.
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MEVHunterZhang
· 8h ago
Well... if it breaks 12.66, it can really rebound, but I'm more worried about a false breakout.
This wave of LINK feels like accumulation, let's see the main force's move.
It's time to test the execution of stop-loss again.
If 12.04 can't hold, I'll go all-in and sell, I don't want to be trapped.
Actually, everyone is watching now, which indicates the opportunity hasn't arrived yet.
By the way, RSI is only 53.9, indeed lukewarm, and that's the most uncomfortable part.
Bullish pattern? That's a bit premature to say, just sideways consolidation.
I'm waiting for a breakout above 12.66 before increasing my position, I was just playing with small change before.
The market's caution isn't without reason; don't be fooled by the stories.
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BloodInStreets
· 8h ago
Is it another bottom-fishing theory? I find the support at 12.04 questionable; the main force isn't that kind.
Recently, I have been taking a closer look at LINK's trend and found that a bullish pattern has gradually formed. I believe there is still considerable room for exploration in this wave of market movement.
From a technical perspective, the current price is around $12.410000, and I think it’s very important to hold steady here. More crucially, the support level below at $12.040000 is a relatively ideal entry point. If this support can be maintained, the probability of continued short-term upward movement is quite high. The resistance above is at $12.780000, but I am more focused on the breakout level at $12.660000. Once this level is broken, it should attract a lot of follow-up buying. The RSI is currently at 53.9, indicating a relatively healthy state without signs of overheating.
Interestingly, the market’s attitude towards LINK is still somewhat cautious, but this often presents the best opportunities. When most people are still waiting for confirmation, they often miss the optimal window for positioning. My trading approach is as follows: if the price can effectively break through $12.660000, I will consider moderately increasing my position; conversely, if the price falls below $12.040000, I will stop loss immediately—after all, protecting the principal is always the top priority.
Changes in order book bids and asks are also worth paying attention to, as they can reveal some of the main players’ movements. Anyway, I remain optimistic about LINK’s upcoming performance; there is still potential in this wave of market movement. If you’re interested, you can keep an eye on how these key levels perform.