LINK has recently experienced a noticeable abnormality in trading volume, with the trading volume in the past 30 minutes suddenly surging by 149.6%. This kind of sign often indicates a shift in market sentiment.
The current price is around 12.294 USDT, with a key support level at 12.223, less than 0.3% away. The entire support zone ranges from 11.976 to 12.223, which is already quite close.
From a technical perspective, a sharp increase in volume usually signals that a trend is about to start. Many traders are closely watching whether LINK can hold steady at this support level. Once it stabilizes, there is often an opportunity for an upward move.
If you're interested in participating, you might consider placing a buy order near 12.223, waiting for a rebound opportunity. Of course, you should continue to monitor subsequent market movements to ensure your trading decisions are based on the latest market information.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
4
Repost
Share
Comment
0/400
DiamondHands
· 15h ago
Trading volume surged by 149.6%, is this thing about to take off or crash down?
---
Can we hold the 12.223 level? That seems to be the key, need to keep a close eye on it.
---
Rebound opportunity? I think it's doubtful; this time the volume feels a bit fake.
---
It's safer to wait for a break below before jumping in; don't be fooled by a rebound.
---
The support level is so close now, should I get in or keep observing? It's tough.
---
This time is different; with such strong volume, I’m really tempted.
---
Where’s the expected start? Why hasn’t it taken off yet? Are you kidding me?
---
Place an order at 12.223, anyway I’m just idling, might as well gamble a bit.
View OriginalReply0
PretendingToReadDocs
· 15h ago
Trading volume surges by 149.6%? Damn, this momentum is impressive, feels like it's about to take off.
View OriginalReply0
MerkleMaid
· 15h ago
Trading volume surged by 149.6%? Is this really happening or just another scam to trap retail investors? Let's see.
View OriginalReply0
MEVEye
· 15h ago
Trading volume surged by 149.6%, this move is indeed interesting, it feels like a trend reversal is coming
---
Support levels are so close; if broken, we’ll have to look at the next line of defense
---
It's time to test the technicals again, to gamble on this rebound or not
---
149.6% trading volume, definitely the main players are in action
---
12.223 seems like a good entry point, but we need further confirmation
---
With such strong volume, it usually isn’t a good sign; caution is advised
---
Feels like LINK will either surge significantly or break through the support directly, there’s not much in between
---
Placing an order at this level is indeed feasible, just worried about reacting too slowly
---
Unusual trading volume combined with support levels approaching, this signal still shows some potential
---
Let’s wait and see; this kind of market is easiest to manipulate, no need to rush
LINK has recently experienced a noticeable abnormality in trading volume, with the trading volume in the past 30 minutes suddenly surging by 149.6%. This kind of sign often indicates a shift in market sentiment.
The current price is around 12.294 USDT, with a key support level at 12.223, less than 0.3% away. The entire support zone ranges from 11.976 to 12.223, which is already quite close.
From a technical perspective, a sharp increase in volume usually signals that a trend is about to start. Many traders are closely watching whether LINK can hold steady at this support level. Once it stabilizes, there is often an opportunity for an upward move.
If you're interested in participating, you might consider placing a buy order near 12.223, waiting for a rebound opportunity. Of course, you should continue to monitor subsequent market movements to ensure your trading decisions are based on the latest market information.