Analyze the token $LINK !

① Link acts as the leading oracle, in 2021 it was a very strong coin, and now in 2024, this coin has become a representative among the older altcoins. This wave of rebound benefits from the trend of older altcoins, with a decent increase!

② Support at 13.7/11.6/10.6, resistance in the range of 19.7-22.8 is the critical area for whether it can double again. The key points right now are 15.5/17.2.

③ For spot positioning, it definitely needs to be a long-term layout. Entering at support levels for long-term positioning is reasonable. For mid-short term, the initial position can be placed at 15.5, and additional positions can be placed at support levels.

④ This coin is suitable for mid to long-term investment, not for short-term trading. Following the previous viewpoint during a bull market, older altcoins usually have 1-2 major bursts, with a rapid surge in half a month and a slower trend lasting about a month and a half for older altcoins! Position control should be kept within 20%!