Technical analysis by unichartz about Symbol LINK: Buy recommendation (6/11/2025)
https://sahmeto.com/message/3597287

unichartz
Rank: 30898
LINK Structure Shaping Up for Potential Breakoutv
Buy
Price at Publish Time:
$15.52
Profit Target:
(+14.02%)$17.7
Stop Loss Price:
(-9.81%)$14

Chainlink is now approaching a key resistance trendline after showing a strong bounce from the recent demand zone.Price is pushing into this trendline with good momentum. If we see a clear breakout and daily close above it, this could open the door for a continuation move toward the next target area around seventeen point seven dollars.However, this is still an important level to watch. If the trendline holds and price gets rejected, a pullback toward the demand zone near fourteen dollars is possible.At this stage, the chart is showing a constructive setup. It’s worth keeping an eye on how price behaves here in the coming sessions.Thanks for reading
Source Message: TradingView