#LINK $LINK In-depth analysis of the daily market price of LINK currency
Today's LINK market trend shows an obvious short trend. At the 1-hour level, the appearance of the purple signal point indicates short-term callback pressure. Upon further observation, both the 2-hour and 4-hour levels are firmly in the short camp, and the market has a strong short atmosphere.
Today, our focus will be on the key price of 14.377, the watershed between long and short at the 4-hour level. This position will become the focus of competition between the long and short parties. Once it falls below or breaks through, it may trigger significant changes in market sentiment.
From a short perspective, if LINK price continues to decline, our expected lower support levels are 14.206, 14.149 and 14.095 respectively. These prices will be the key to whether the short forces can continue to exert force.
However, the market is always full of variables, and we cannot ignore the possibility of bulls counterattacking. If LINK price rebounds, the upper resistance levels will be 14.395, 14.500 and 14.537 respectively. These levels will be a litmus test for whether the bulls can successfully reverse the situation.
In a volatile market, we need to keep a close eye on the market and capture the changes in long and short forces in real time. By accurately grasping market trends, we can capture the opportunities of every market wave in short-term trading and maximize investment returns.
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