Technical analysis by Wolftrader1337 about Symbol LINK: Buy recommendation (7/24/2025)

LINKUSDT ### 📊 **Chart Overview – LINKUSDT (4H):** * **Current Price:** \$17.65 * **Recent Trend:** Pullback from the \$20.00 resistance zone. * **Key Support Zones:** * Immediate: **\$17.00 – \$17.20** (gray demand zone). * Stronger: **\$14.00 – \$14.20**. * **Resistance:** \$20.00 psychological level. --- ### 🔍 **Technical Breakdown:** 1. **Trendline Interaction:** * Price is testing the **ascending red trendline**, which could act as dynamic support. * A break below could push LINK toward **\$17.18 or even \$14.16** for a deeper correction. 2. **Bullish Scenario:** * If the \$17.00 zone holds, LINK could bounce and aim for **\$18.50 – \$19.80** in the short term. 3. **Bearish Scenario:** * A decisive break below \$17.00 may trigger a larger move down to the **\$14.00 support zone**, offering better accumulation levels. --- ### 📌 **Summary:** LINK is at a **critical decision point** — watch the \$17.00 support zone and the trendline closely for direction confirmation. --- ⚠️ **Disclaimer:** *This analysis is for informational and educational purposes only. It is not financial advice. Always DYOR and manage your risk before trading.*