Technical analysis by tradecitypro about Symbol LINK: Buy recommendation (6/4/2025)

👋 Welcome to TradeCityPro Channel!Let’s dive into analyzing one of the market’s most popular coins, LINK, which continues to hold its key supports in higher timeframes and is poised for strong moves during a market uptrend.🌐 Overview BitcoinBefore starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.📊 Weekly TimeframeOn the weekly timeframe, LINK has been one of the cryptocurrencies that remained in a range for 500 days. After breaking out, we have seen the beginning of an uptrend.This is exactly what I mean by avoiding capital lock-up. We waited weeks for the 8.06 trigger to break, allowing us to buy with momentum confirmation rather than buying inside the range and waiting in a high-risk market.You might say, "Why not buy inside the range to avoid missing the 8.06 breakout?" My answer is that hundreds of coins are still stuck in similar ranges without showing any bullish moves, and even now, they could trap your capital for a long time, causing frustration!Currently, we can say that after a price rejection at 18.10, we’ve pulled back, and if selling volume increases, we’ll go to test the 9.06 level, but if we form a higher low, we’ve created a good trigger for a buy!📈 Daily TimeframeOn the daily timeframe, LINK is one of the few cryptocurrencies that, after recent corrections, did not return to lower levels. Instead, it bounced off the 0.382 Fibonacci level, increasing the bullish bias.After breaking 12.96, LINK had a strong rally up to 29.07, where resistance was observed.Instead of considering 29.07 as resistance, I prefer to buy after a breakout of 26, as this level was previously a pullback zone and had multiple rejections.On the daily timeframe, we’ve also been rejected from a strong resistance, which further emphasizes the importance of this daily resistance, and it’s better to say that as long as we’re above the 11.99 support level, the 17.45 resistance will be the best trigger for a spot buy and our entry!📝 Final ThoughtsStay calm, trade wisely, and let's capture the market's best opportunities!This analysis reflects our opinions and is not financial advice.Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️