Chainlink (LINK) at a Crossroads: Will Selling Kill Its DeFi Edge?
Chainlink (LINK), the oracle king of DeFi, is caught between solid fundamentals and short-term sell pressure.
After a 22.14% monthly gain, momentum’s fading fast. So—is this just a pause or a deeper pullback?
Here’s what you need to know 👇
🐂 Bulls vs. 🐻 Bears: The Showdown
🚧 Short-Term Pressures
LINK hit $15.99, sparking profit-taking.
$66M LINK left exchanges—bullish, but sellers are winning for now.
A trendline from Dec 2024 caps upside—$18+ breakout = $21.99 target.
⚠️ Bearish Signals Flashing
Falling OBV = fewer buyers.
Mean Coin Age down = holders exiting.
If $14.80 breaks, expect a 7–8% drop.
🔥 Long-Term Bull Case
Used by JPMorgan, Solana, Ondo.
CCIP secures $18B+ in assets.
Analysts eye $20–$50+ by 2025–2030.
📈 3 Scenarios to Watch
✅ Bullish Breakout
Targets: $17.28 → $18 → $21.99
Needs volume and conviction.
⚖️ Sideways Range
Between $14.80–$18
Key support: 200-day MA at $15.56
❌ Bearish Breakdown
Below $14.80, risk of $13.40 → $10
Recent 300K LINK inflows = red flag.
💡 Smart Moves Now
Traders: Watch $15—below it, more downside risk.
Investors: DCA the dips—tech’s still solid.
Key Levels:
Up: $16.14 → $17.28 → $18
Down: $14.80 → $13.40 → $10
🚀 Final Take: Zoom Out
LINK’s tech is advancing—even if the chart isn’t. Big players are building.
Short-term noise ≠ long-term weakness.
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Bullish or bearish on LINK? Tell me below 👇
