TLDR:
- LINK maintains strong support at $13.50 as buyers defend the level and the short-term structure starts to improve.
- The accumulation of whales is growing, with more than 1.6 million LINK disappearing from the exchanges, indicating renewed confidence in the long term.
- Momentum indicators point to an early stabilization, with the MACD turning positive and the RSI gradually recovering.
- Resistance zones at $14.20–$15 remain key as traders look for structure confirmation before a broader move takes place.
Chainlink (LINK) is showing steady resilience as it remains firmly above the $13.50 support level.
Price action around this zone has tightened, creating a structure that often appears when a market begins to stabilize after a prolonged decline.
The latest bounce out of the support area suggests buyers are gradually regaining control, even as broader market conditions remain uncertain. Traders continue to watch this level closely LINK has a pattern of acceleration once structure and momentum align.
Buyers defend support at $13.50 as the short-term structure improves
LINK’s ability to defend the $13.50 zone has become a central focus.
CryptoPulse noted that the the recent plunge to this level caused an immediate reaction from buyers, giving the chart a bullish tone in the short term. The 4-hour structure shows higher lows, often reflecting strengthening momentum with repeated testing.
The daily chart reflects a market trying to stabilize after falling from the mid-$20s.
The sizes of the candles have become smaller, indicating reduced volatility and more controlled price behavior. The MACD has broken above its signal line and the histogram bars have turned positive, signaling that selling pressure is easing after weeks of downward pressure.
Momentum remains cautious, with an RSI near 46, still below the midline, but slowly recovering from oversold territory.
Nearby resistance zones between $14.20 and $14.50, followed by $14.80-$15.00, remain the next target for traders looking for directional clarity. A clear break above these levels could create the conditions for a stronger upward extension.
Growing whale activity supports the case for early accumulation
The accumulation of whales has become more visible around Chainlink in the past month. Jack reported that more than 1.62 million LINKs worth more than $22 million recently disappeared from the exchanges.
This ongoing pullback trend is related to long-term positioning rather than short-term speculation, especially as retail participants continue to take profits after rejections near $14.90.
The Chainlink Reserve added to this story by collecting 81,131 LINK during the week, bringing the total above 1,054,884 LINK.
This pattern reinforces the shift in liquidity toward portfolios that tend to hold up despite volatility, which contrasts with the behavior seen during earlier stages of the downturn.
With LINK still defending $13.50, traders are assessing whether the combination of stabilized momentum, consistent support and continued whale activity could pave the way for a push towards $15-16.
Market participants remain alert to how prices behave at current levels as any structural confirmation could determine the next direction.
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