LINK daily market analysis:
1. Market trend analysis
1-hour level: Multiple confirmations indicate that in a shorter time period, the price of LINK shows an upward trend, and the multi-party forces have the upper hand.
2/4-hour level: The yellow signal point of rebound appears, which usually means that the market may rebound after a period of decline or consolidation. The yellow signal point serves as an early warning signal, prompting investors to pay attention to possible changes in the market.
2. Analysis of key price points
Rebound key: Near 10.252 is the key price of LINK's rebound. If the LINK price can successfully break through and stand firm at this price, it is expected to further promote the rebound; if it fails to break through effectively, it may continue to maintain a downward or consolidation trend.
Pressure position: During the rebound process, investors need to pay close attention to pressure levels such as 10.403, 10.542 and 10.755. These price levels may constitute important resistance in the process of LINK's rise. If they cannot be effectively broken through, they may trigger a decline.
Support position: If the price of LINK falls back, support levels such as 10.094, 9.936 and 9.904 will become the focus of investors. These price levels may provide buying support during the price decline, slowing the decline or triggering a rebound.
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