Technical analysis by SupertradeOfficial about Symbol LINK: Buy recommendation (5/27/2025)

📈 Market Structure & Trend Overview•Price is holding a clear ascending trendline, acting as dynamic support.•The recent bounce from Support 1 at $14.93 indicates that bulls are defending this level aggressively.•Price is now approaching the mid-zone between support and resistance with bullish momentum resuming.🧠 Supertrend Indicator Analysis•The Supertrend is flipping bullish, or recently has, placing the green band below the current price, which confirms the initiation of a buy signal.•The last bearish wave was rejected near Support 1, and since the Supertrend held as support, it further validates a long bias.•Supertrend aligning with the trendline and support level adds multi-layered confirmation to this setup.✅ Trade Setup (Long)•Entry: $15.96 (current market price at time of analysis)•Stop Loss: $14.80 (just below Support 1 and trendline structure)•Take Profit: $18.00 (previous swing high and resistance zone)•Risk-to-Reward Ratio (RRR): ~1:1.54•Time Horizon: 2 to 7 days for target to be achieved📌 Key Technical Highlights•Support 1 ($14.93): Tested and held multiple times, confirmed by Supertrend flip.•Support 2 ($13.24): Deeper fallback zone; breach would invalidate bullish bias.•Resistance ($18.00): Swing high and Fibonacci alignment, making it a strong TP zone.•Supertrend: Currently bullish; enhances trade confidence with trend-following confirmation.