$LINK Ambush is an excellent target for regular investment Be friends with time
1. Overall Trend Judgment (Core)
Current price $12.23. After a recent round of decline, LINK has once again returned to this “golden accumulation zone.” The K-line pattern shows that although the downtrend has not yet reversed, resistance actions have started to appear around $12.00, rejecting further declines.
LINK's mid-term trend belongs to a wide fluctuation. It is currently in the high risk-reward area at the lower edge of the box. For this old-fashioned oracle leader, falling back to $12.00 often presents an opportunity greater than the risk.
2. Key Points
Resistance Level (Selling Pressure Area):
Short Resistance: $15.00 - $16.00. The rebound high point during the recent decline, also the midpoint of the box. Only by breaking through here can the reversal be confirmed.
Strong Resistance: $18.00 - $20.00. The multiple peak area above. This is LINK's “Wall of Sighs,” and each time it attacks here, it requires tremendous positive news support.
Support Level (Defensive Area):
Lifeline: $10.00 - $11.00. This is the absolutely iron bottom verified multiple times over the past year. It is also the cost area for institutions and long-term investors.
Extreme Bottom: $8.00. The lowest point of the terrifying lower shadow line. If a black swan event breaks through $10.00, this is the position where one should “sell everything” to buy.
3. Trading Volume Signal
Signal: Decrease in volume during the decline, with support holding.
The current trading volume is relatively stable, with no panic selling occurring. Moreover, each time the price touches around $12.00, the volume does not expand, indicating that the selling willingness is not strong.
Interpretation: Long-short balance. The market has reached an understanding at this position: sellers feel they are losing, while buyers are gradually picking up.
4. Operation Strategy
Holders: Lie flat and do nothing.
Strategy: LINK is known as a “famous defensive asset.” Since it has already fallen back to the floor area, cutting losses now is very unwise.
Suggestion: Hold firm. As long as it does not effectively break below $10.00, be patient and wait for rotation.
Non-holders: Invest regularly with closed eyes.
Logic: Buying at the lower edge of the box is basic trading common sense.
Buy: The current area around $12.00 is an excellent entry point.
Target: Short-term target $15.00, mid-term target $18.00 (50% space), stop-loss set at $9.50.
5. Summary
LINK is currently “regrouping and resting,” and is in a “safe zone,” suitable for those who want to be friends with time.