Technical analysis by BeInCrypto about Symbol LINK: Buy recommendation (8/18/2025)

Chainlink (LINK) is flashing strength on the charts, but one LINKUSDT level could define the next move. The price is currently pinned between $24.70 and $25.70. A clean breakout above $25.70 sets the stage for a possible run toward $28.20 and even $30.10—based on Fibonacci projections. But here’s the caution: if LINK dips below $21.40, the short-term bullish trend breaks down. Whales have recently added over 1.1 million LINK (~$27 million), and Smart Money wallets are still accumulating. That’s been the fuel behind LINK’s outperformance in a weak market. But exchange reserves just jumped by 300,000 LINK, signaling potential profit-taking. The top 100 wallets are also showing mild signs of selling. The LINKUSDT resistance at $25.70 is the line to watch. If the bulls clear that, momentum could flip hard. Until then, the $21.40 support is the risk zone traders need to respect.