1. The current recommendation is to take a long position on "LINK" with an entry range of 8.40-8.50. The signal emphasizes consolidation below the resistance level after the sell-off, which is conducive to a short-term rebound. It does not mention overextending the price or waiting for a pullback, and is considered a tentative position building with a positive outlook on the subsequent rebound potential. 2. Position and Risk Control Recommendations: We recommend a combination of light and heavy positions with leverage of 2-5 times. The entry price should be clearly defined, with a stop-loss set at 7.85. Take-profit targets are set at multiple levels: 8.80, 9.35, 10.00, 10.70, 11.45, 12.20, and 13.00. This approach is suitable for taking profits in batches, emphasizing a strategy of controllable risk and gradual position accumulators. 3. Suitable for trading styles: This strategy is aggressive and short-term, with quick in-and-out trades. It takes advantage of short-term rebounds after a sell-off to make multiple profits in batches. It is suitable for capturing short-term sentiment rebounds. It does not recommend holding positions for too long. It emphasizes that "after a sell-off, the consolidation and rebound are the windows to escape." It is suitable for aggressive traders who are keen to capture short-term opportunities.
LINK: Summary of Binance Killers Community Discussion (02:00:10 ~ 03:00:10)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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