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Technical analysis by CyroTrades about Symbol LINK: Buy recommendation (8/27/2025)

https://sahmeto.com/message/3738728
CyroTrades
CyroTrades
Rank: 1022
2.6
Buy،Technical،CyroTrades

1D Technical Analysis for LINK Surrounding Supply Zone and 4H Demand Confirmation On the daily chart, LINK is currently testing a key supply zone around $25 to $26, where sellers have historically stepped in to limit upside price moves. This zone acts as a significant overhead resistance level, creating a challenge for bulls to maintain momentum beyond it. Recently, LINK price action confirmed strong buying interest after tapping the 4-hour demand zone, indicated by back-to-back bullish 4H candles. This demand zone provided a critical short-term floor that has supported a bounce and recovery wave. The confirmation at the 4H demand zone adds confidence to bulls' attempts to push through the nearby daily supply zone, suggesting a growing battle of power between buyers reclaiming control and sellers defending the resistance. Momentum indicators on the daily timeframe show positive signs: the RSI hovers above neutral 50, Bollinger Bands contract signaling potential volatility expansion, and moving averages are aligned bullishly with a recent golden cross event. Volume surges during recent rebounds further validate the buying strength that emerged after the 4H demand was respected, hinting at possible continuation toward the next resistance targets near $27–$30 if bulls sustain above supply.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$24.2
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