LINK's recent performance is worth paying attention to. On the 30-minute chart, trading volume suddenly surged by 33.4%, and such abnormal volume movements are often not without reason.
From a price perspective, LINK is currently oscillating around 12.248 USDT. Technically, the area around 12.216 has become a relatively strong support, only about 0.43% away from the current price. The entire support zone is roughly between 12.216 and 12.348, with quite a few buy orders accumulating there.
From a trading standpoint, this sharp increase in volume usually indicates that the market may soon take a new direction. Experienced traders might position long orders around 12.216, waiting for volume confirmation to potentially trigger a rally.
However, it is still important to emphasize that although the abnormal volume looks attractive, the subsequent trend requires further observation. Keep a close eye on LINK's movements to see if it can hold steady at these support levels.
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RumbleValidator
· 6h ago
33.4% surge in trading volume? You need to look closely at this data. Don't be fooled by the surface illusion; the real confirmation will come from on-chain data.
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BoredApeResistance
· 6h ago
Trading volume surges by 33%? This time really feels different, it seems like it's about to take off.
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WhaleWatcher
· 6h ago
With such rapid increase in trading volume, be careful—are big players manipulating the market again?
LINK's recent performance is worth paying attention to. On the 30-minute chart, trading volume suddenly surged by 33.4%, and such abnormal volume movements are often not without reason.
From a price perspective, LINK is currently oscillating around 12.248 USDT. Technically, the area around 12.216 has become a relatively strong support, only about 0.43% away from the current price. The entire support zone is roughly between 12.216 and 12.348, with quite a few buy orders accumulating there.
From a trading standpoint, this sharp increase in volume usually indicates that the market may soon take a new direction. Experienced traders might position long orders around 12.216, waiting for volume confirmation to potentially trigger a rally.
However, it is still important to emphasize that although the abnormal volume looks attractive, the subsequent trend requires further observation. Keep a close eye on LINK's movements to see if it can hold steady at these support levels.