LINK New Trend Exposure!

Signs of institutional lurking are emerging, on-chain data hides secrets!

Don't miss the next move of LINK! Strategy breakdown is here!

Market Analysis:

LINK has shown significant adjustment recently, and market sentiment is leaning towards wait-and-see. The bears have somewhat receded, but the bulls' momentum has not been fully released, and it is currently in a crucial consolidation phase.

Support and Resistance Levels:

Support Levels:

1. $21.50

2. $21.20

3. $20.80

Resistance Levels:

1. $22.10

2. $22.40

3. $22.80

Short-term Trading Strategy:

Long Position Strategy:

• Entry Point: Around $21.70

• Add Position Point: Around $21.50

• Stop Loss Point: $20.80

• Take Profit Targets:

1. $22.10

2. $22.40

3. $22.80

Short Position Strategy:

• Entry Point: Around $22.10

• Add Position Point: Around $22.40

• Stop Loss Point: $23.00

• Take Profit Targets:

1. $21.70

2. $21.50

3. $21.20

My Prediction:

The current price adjustment is nearing its end, leaning towards the bulls possibly gaining strength again, and the price may test the resistance levels in the short term.

Every day, I will share analyses of mainstream coins and altcoins for my brothers. You can click on the coin pair labels in the article for trading. Wishing my brothers and sisters a bountiful profit! $LINK