$LINK Chainlink (LINK/USDT) — August 2025 Update

1.LINK is currently consolidating between $7.10 and $7.60, with trading volume steady around $520M, signaling a balanced market phase.

2.A breakout above $7.60 could open the path toward $8.50, according to technical analysts.

3.Stronger momentum may follow if LINK surpasses the longer-term resistance at $9, potentially fueling a rally into the $12–$13 zone.

4.Recent market swings impacted LINK, causing a ~6% dip, yet the token remains above key support levels.

5.Long-term indicators remain bullish: moving averages are aligned with upward trends.

6.Short-term technicals show LINK approaching $7.35, with RSI signaling a potential breakout.

7.Oracle-based platforms continue to drive LINK demand, with related project TVL exceeding $4B.

8.Support is near $7.10, while resistance levels sit at $7.60 and $7.95—momentum favors buyers.

9.Network upgrades and new smart contract integrations keep LINK attractive for investors.

10. Bottom line: LINK sits at a crucial pivot—breaking above $7.60 could unlock major upside, though recent volatility calls for cautious optimism.$LINK