Technical analysis by CryptoNuclear about Symbol LINK: Buy recommendation (9/4/2025)

Current Price: ~23.47 USDT Chainlink (LINK) has just completed a strong rally from the yearly low at 10.10 to the peak of 30.94. Now, the price is consolidating and retesting the Fibonacci Golden Pocket — a critical area that will decide whether the uptrend continues or a deeper pullback occurs. --- 🔎 Market Structure Analysis Primary Trend: Strong bullish reversal since June 2025, with higher highs and higher lows forming. Current Condition: Price is pulling back from the recent top (30.94) and consolidating around 23–25, right above the Golden Pocket (21.18–19.86). Key Demand Zone: The yellow area (19.8–21.2), previously a strong resistance, is now acting as support (supply → demand flip). Holding this zone is crucial for the next big move. --- 🟢 Bullish Scenario If LINK holds above 21.18–19.86, the current move is likely just a healthy retracement before continuation. Confirmation: Daily close above 25.24–26.65 with rising volume. Upside Targets: 🎯 Target 1: 25.24 (minor resistance) 🎯 Target 2: 26.65 (key breakout level) 🎯 Target 3: 29.20 🎯 Target 4: 30.8–31.0 (previous high) Breaking above 30.8 could open the door for new highs in the coming months. --- 🔴 Bearish Scenario If price fails to defend the 19.86–21.18 zone, a deeper correction may unfold. Confirmation: Daily close below 19.8 with strong selling volume. Downside Targets: ⚠️ Target 1: 15.63 (Fib 0.5) ⚠️ Target 2: 14.69 (Fib 0.618) ⚠️ Extreme Target: 10.10 (yearly low in case of panic sell). --- 📌 Key Technical Patterns Bullish Flag / Consolidation: Current price action resembles a bull-flag formation after a strong impulse. Supply-Demand Flip: The yellow zone (19.8–21.2) flipped from resistance into support — a decisive area for market structure. Golden Pocket Fib: 0.5–0.618 retracements are historically strong levels for trend continuation. --- 🧠 Conclusion & Strategy LINK is currently at a make-or-break golden zone. Bullish Case: Holding above 19.8–21.2 keeps the bullish structure intact → targets at 26.6, 29.2, and 31. Bearish Case: A breakdown below 19.8 opens risk for a correction toward 14–15 or even back to 10.1. Trading Plan: Accumulate near 21–23 if signs of bounce appear. Breakout entry above 26.65 for swing targets at 29–31. Place stop-loss below 19.8 to protect long setups. Take partial profits at each resistance level. --- 📌 LINK is standing at a critical decision zone. Will buyers defend this golden pocket to fuel another leg up toward 30+? Or will sellers drag the price back to 15 and below? #LINK #LINKUSDT #Chainlink #CryptoAnalysis #Altcoins #SwingTrading #TechnicalAnalysis #CryptoTA #Fibonacci #PriceAction