Technical analysis by HamadaMark about Symbol LINK: Buy recommendation (4/23/2025)

📈 #LINKUSDT Analysis — Testing Channel Breakout🗓 Published: April 23, 2025🕰 Timeframe: 1D | 📊 Exchange: Binance🔍 Technical OverviewChainlink has been trading inside a falling channel since December 2024, with lower highs and lower lows. Price is now attempting a breakout from the upper trendline, signaling a potential trend shift.📌 Pattern: Falling Channel📌 Attempting Breakout at $14.79📌 Support base held well at ~$12 zone📈 Break + Retest = Key Confirmation Setup🟩 Potential Entry Zone📍 $12.55 – A strong support and re-entry zone if price rejects the first breakout attempt and retests.🔻 Panic Level (Invalidation Zone)📉 $9.5 – Breakdown below this level would invalidate the bullish setup and may trigger a sharp sell-off.🎯 Upside Targets (If Breakout Confirmed):TP1: $15.67 – Local structure resistanceTP2: $18.85 – Range mid-pointTP3: $22.37 – Channel highTP4: $27.07 – Full recovery zoneTP5: $30.76 – Last breakout topUltimate Target: $35.19 (Cycle top)⚠️ Targets should be scaled into — not all at once🧠 Strategy InsightThis is a classic breakout-retest setup from a falling channel.🟢 Ideal strategy: enter small now, add on retest of breakout line (~$13–14 zone).Use tight stops under $12.14, or wider structure-based stop under $9.42 for position trades.📊 High reward if trend shift confirms. Patience is key.🗣 What’s Next?Watch for volume on breakout, and monitor if BTC remains strong — altcoins like LINK can quickly outperform if the setup holds.📢 A key decision point. Don’t chase — plan your risk and let price prove the breakout.Please keep in mind that this is not financial advice and the purpose of these charts is to provide an idea of coin movement, not buy or sell signals. The cryptocurrency market is highly volatile and not suitable for everyone, so be aware of the potential risks before making any investment decisions. The information presented here is a personal effort and is subject to success or failure, and we welcome constructive criticism.Good luck to all.🙏we ask Allah reconcile and repay🙏The Retrace leg, almost done Analysis is still valid