Technical analysis by cryptodailyuk about Symbol LINK on 9/8/2025

🔹 key levels • Support (red lines): • 21.73 USDT → First strong support (tested several times). • 20.17 USDT → Another key support (potential descent, if the price drops below 21.7). • 18.10 USDT → deeper support (larger pullback). • resistance (green lines): • 23.22 USDT → The price is currently testing this level. • 24.14 USDT → strong resistance if you manage to break 23.2. • 25.54 USDT → Higher resistance, last local peaks. ⸻ 🔹 Trend • We see an upward trend (orange trend), which was defended at around 21.7. • The price is currently testing the top of the channel → If the candle closes above 23.2, possible movement towards 24.1 - 25.5. ⸻ 🔹 oscillators • Stoch RSI: • strongly bought (blue and orange line high in zone 80). • It may suggest short -term withdrawal if there is no breakdown. • RSI classic: • He bounced off the level ~ 40 and grows slightly. • Still a lot of space to grow before entering the purchase zone (70+). ⸻ 🔹 Scenarios 1. Bycza (Bullish): • Breaking above 23.2 USDT and confirmation of this level as support → Target 24.1 and 25.5. 2. Bear (bearish): • Rejection from 23.2 and Trendline fracture down → decrease to 21.7, and then even 20.1. ⸻ ✅ Summary: The link is now at an important moment - either it will break 23.2 and will go higher (24-25.5), or will reflect and return to around 21.7. The oscillators show that there may be a small correction short -term, but the medium -term trend still looks upwards.