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Technical analysis by MadWhale about Symbol LINK: Buy recommendation (8/10/2025)

https://sahmeto.com/message/3696452
MadWhale
MadWhale
Rank: 650
2.9
Buy،Technical،MadWhale

Hello✌️ Let’s analyze Chainlink’s price action both technically and fundamentally 📈. 🔍Fundamental analysis: Chainlink’s onchain reserve uses smart contracts to turn half of its fees and revenue into LINK buys. Since July 2025, over $1M in LINK has been saved, with no plans to sell soon. This steady buying creates strong demand, like earning about 4.32% yearly staking rewards, which lowers available LINK. In the past, similar actions (like stock buybacks) have helped prices go up when usage grows. 📊Technical analysis: LINKUSDT is holding key Fibonacci levels near strong daily support and a solid trendline. If it holds, a 20% rally toward $26 is likely 📈🔒 ✨We put love into every post! Your support inspires us 💛 Drop a comment we’d love to hear from you! Thanks, Mad Whale

Translated from: English
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Signal Type: Buy
Time Frame:
12 ساعت
Profit Target:
$26
Stop Loss Price
$19.75
Price at Publish Time:
$21.91
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