Recently, Chainlink has experienced a noticeable abnormality in trading volume, with the trading volume on the 30-minute chart surging by 92.6%. Such a sharp increase in volume is often a precursor to a market trend initiation.



From a price perspective, LINK is currently trading around 12.384 USDT, and the 12.37 level is a key support. The deviation from the current price is only 0.22%, with the support zone roughly between 12.237 and 12.37. Approaching support levels often signals a rebound opportunity.

From a trading standpoint, one could place buy orders near 12.37, with resistance targets looking towards 13.035. This kind of volume expansion often indicates that a major trend is coming, and the subsequent movement warrants close attention.
LINK-0,51%
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SignatureLiquidatorvip
· 8h ago
92.6% of the trading volume, this wave is indeed extraordinary --- It's "a big market is coming again," I say that every time... --- 12.37 feels a bit shaky as a support level, let's see if it can hold steady before making any moves --- With such good coordination between volume and price, the bulls really should step in --- I get nervous whenever trading volume surges dramatically, often leading to counter-moves --- The target of 13.035 is too far away, let's first see if 12.6 can be broken --- Recently, LINK has been showing some activity, paying attention... --- The support level is so close and still above, the rebound space isn't large --- My experience is that after the peak in volume, a correction is more likely --- It's best for the bulls to wait a bit longer before entering; this wave doesn't seem to be fully in place yet
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blockBoyvip
· 8h ago
92.6% trading volume surge, can LINK break through 13 this time? --- Once again, "a big move is coming," I bet five dollars it will still fall back to 12.2 --- Support is so close, it feels like the rebound space is a bit small, a little boring --- Bullish positioning first, anyway it's almost bottoming out, take a gamble --- The increase in trading volume is real, but can it really reverse the overall downward trend? Question mark --- I'm watching the 12.37 level, wait for a signal before acting --- Sounds good, but isn't it just going to keep falling? How many times has this theory been used? --- Interesting, the trading volume is indeed abnormal, monitoring it
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AlgoAlchemistvip
· 9h ago
92.6% of trading volume surged, is it real or fake? --- It's the same old story, every time saying "The big trend is coming" --- That support level at 12.37 held firmly, the rebound depends on this wave --- LINK is just causing trouble, still need to hold on --- Trading volume increased but the price is still hesitating, that's the real problem --- I'll see if 13.035 can break, feels uncertain --- Interesting, a 0.22% deviation is indeed close to support --- Predicting the market based on trading volume? I'm tired of this logic --- The key is whether there's follow-up buying later; relying solely on trading volume is unreliable --- LINK has been like this all along, just a volatile market, don't be fooled
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DAOdreamervip
· 9h ago
Is this another case of volume explosion again? I don't believe you. --- 92.6%... Is this data being manipulated by certain accounts again? --- Is LINK really going to rise this time? I got stuck at $13 last time and haven't moved since. --- Does increasing trading volume necessarily mean the price will go up? This saying feels so common now. --- For those placing orders around 12.37, I advise you not to rush in too quickly. --- Wait, is this support really that solid? I always feel something's off. --- Are you trying to push us to buy the dip again? I'm done playing. --- By the way, when will LINK finally give us some surprises? --- Volume is often just a smokescreen in the end. I'm tired of seeing it. --- $13? Overthinking it. Let's just focus on holding $12 first.
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