Technical analysis by Skgubza about Symbol LINK: Buy recommendation (5/8/2025)

📈 Long Trade Setup – ChainLink (LINK/USDT) – 15M A new long entry was initiated at $15.23, following a strong intraday uptrend: EMA & HTF Alignment: Fast and slow EMAs are both stacked positively, with higher-timeframe EMAs confirming momentum. Momentum Indicators: RSI and MACD are both bullish, supporting the entry with strong upward pressure. Volume Check: Although volume confirmation is off, price structure and trend strength justified the setup. Risk Management: Stop Loss placed at $15.02, with a Take Profit target at $15.79, offering a favorable R:R. Context: Entry occurred after a small consolidation following an impulse move, signaling possible trend continuation. This trade leverages high confluence and disciplined risk to aim for upside continuation.t.me/+t7-OQ5dERg43YTM0