Technical analysis by amir9 about Symbol LINK: Sell recommendation (8/27/2025)

After a strong rally from the early August lows near $13.50, Chainlink has managed to establish a higher low structure and is currently consolidating around the $24–25 zone. We can observe a clear uptrend forming since mid-August, with buyers consistently stepping in on dips. However, price action in the last few days shows some exhaustion near the $26–27 resistance zone, where supply has been strong. At the moment, LINK is holding above $24, which is a key short-term support. A clean breakout above $26.50–27 could trigger further momentum toward the $30 psychological level. On the downside, losing $22.80–23 would likely invite more selling pressure, with the next support resting near $20. 📌 Key Levels to Watch Support: $23 – $20 Resistance: $26.50 – $30 Overall, the bias remains bullish as long as LINK holds above $22.80, but traders should stay cautious of potential volatility near