【Strategy Verification: The market always rewards patience and insight】

Last Monday (November 19), I shared some thoughts and strategies about Chainlink (LINK). Now it seems that the market performance has lived up to our judgment. This time, we seized the opportunity and it was a good little victory.

📊 Performance Review:

• Average purchase price: 14.77 USDT/LINK
• Average selling price: 17.72 USDT/LINK
• Yield: +19.93% (realized)

The market is complex, but sometimes it is also quite simple. As long as you observe carefully and analyze carefully, you can still find a direction worth taking action.

See you next Monday for a new strategy!

There are still many opportunities waiting for us. Next Monday, I will release a new strategy and talk to you about the direction I am optimistic about in the near future. If you have a favorite currency, please let me know, and I will refer to your suggestions to make some analysis.

Looking forward to your attention, I hope we can go to simplicity in complexity and find order in change.

Analyst: MR KUANG
The current price of Chainlink (LINK) is approximately $15.07, having decreased by about 1.82% in the last 24 hours. Over the past week, LINK has increased by 0.44%, with a significant rise of 31.36% this month. Its market capitalization is currently around $9.45 billion, and the 24-hour trading volume exceeds $1 billion, indicating strong market liquidity and participation.

Technical indicator analysis shows that LINK recently broke through the 100-day volume-weighted moving average (VWMA), with an increase in trading volume, suggesting that the market may be in a strong state. However, there is a significant resistance area near the current price (such as $30), and an effective breakthrough could trigger further increases.

Fundamentally, LINK's core value lies in its decentralized oracle network, providing reliable off-chain data inputs for smart contracts. This foundational technology is widely used in the DeFi ecosystem and has attracted partnerships with traditional financial institutions such as SWIFT, providing potential support for its long-term growth.

Combining short-term market performance with fundamental factors, the following strategies can be considered:

1. Short-term strategy:
If the price continues to stabilize above $15, consider building positions near support levels (such as $14.5-$15) in batches.
Set a stop-loss level (below $14) to avoid significant losses due to market fluctuations.
After the price breaks through recent highs (such as $16), increase positions in line with the trend and pay attention to resistance levels (such as $18).
2. Long-term strategy:
Considering LINK's potential in DeFi and traditional financial collaborations, position at lower levels during corrections (such as below $14).
Monitor LINK's development in broader applications (for example, progress in collaboration with SWIFT), as this will be key to its price performance in the medium to long term.

#LINK🔥🔥🔥 $LINK #技术分析参考