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LINK's recent market performance is indeed worth paying attention to. I came across a price prediction report covering major cryptocurrencies like BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH, LINK, HYPE, and my interest was piqued.
Speaking of LINK, the current price is $12.260000. The bullish sentiment is still quite good, with an RSI indicator at 51.7, indicating a healthy overall momentum. But this wave of market movement is quite interesting — key points need to be closely watched.
From a technical perspective, the support level is at $11.890000, the resistance level is at $12.630000, and the true breakout point is at $12.510000. My judgment is that if LINK can hold steady at the current price and successfully break through $12.510000, then a clear signal for takeoff will be present.
To be honest, this position requires caution but not excessive conservatism. My plan is as follows: maintain the current position for now; once the price effectively breaks through $12.510000, gradually increase the position to 30%. Conversely, if it falls below the support at $11.890000, cut losses decisively to preserve previous gains. Everyone is aware of the volatility in the crypto market, so it's essential to leave room for adjustments.
What do you think about this level? Share your thoughts in the comments.