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# 🚀 $LINK Bullish
Direction: Long $LINK, support stabilizes and rebounds
Core Logic:
- Normal correction within the accumulation range, testing the lower support
- Liquidity is clearly concentrated, institutional funds are still deploying
- Demand growth expectations for the oracle sector are clear, with a positive medium-term outlook
Key Levels:
- Key Support: 7.80 (Fibonacci), 7.00 (Strong Support)
- Key Resistance: 8.50 (Trendline), 9.00 (Continuation Level)
Trading Targets:
- Conservative: 8.50
- Momentum: 8.70
- Extended: 9.20
Short-term Outlook:
- Short-term downside risk remains, but after testing support, bulls may step in
Medium-term Outlook:
- Accelerated DeFi integration suggests a bullish medium-term trend
Risk Alerts:
- Decline in oracle usage indicators may prolong the correction
- Focus on cross-chain activity, which may preemptively reflect price recovery