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Technical analysis by Richtv_official about Symbol LINK: Buy recommendation (11/19/2025)

https://finbeet.com/message/3931736
Richtv_official
Richtv_official
Rank: 5486
1.6

LINKUSDT: Long Setup on Major Support Retest - Targeting $21!

Message Type:Buy
Price at Publish Time:
$13.27
Buy،Technical،Richtv_official

Chainlink ( LINK ) has reached a critical major support level, presenting an excellent opportunity for a low-risk, high-reward long spot trade setup. The price action suggests a potential bottoming pattern, and we are now anticipating a strong bullish reversal following a period of stabilization within this key demand zone. This area has historically acted as a strong pivot point. 🎯 Trade Plan Summary Entry Zone: We are looking to enter a long position between $13.00 and $14.00. Patience is key; wait for a clear stabilization and a confirmation of buyer interest (e.g., a strong bullish candle close) within this zone. Take Profit (TP) Targets: TP 1 (Conservative): $15.50 – $16.50 (Targeting the first major resistance/previous consolidation high). TP 2 (Aggressive): $19.00 – $21.00 (Targeting a move back to previous swing highs and a potential breakout continuation). Stop Loss (SL): A tight and clearly defined $12.50. Breaching this level would invalidate the support structure and signal a continuation of the downside, requiring an immediate exit to protect capital.

Source Message: TradingView