LINK Analysis ......
Chainlink (LINK/USDT) Faces Pressure at Key Moving Averages
LINK Long-term Analysis: Ranging
The market sentiment for ChainLink against the Tether appears neutral to bearish, as the pair struggles below multiple Guppy Moving Averages (GMMA), signaling weak buying strength.
However, recent price action shows that failing to break above the $15.00 area earlier in 2025, the pair's price gradually declined and now trades around a congestion zone, showing hesitation from both bulls and bears. To this end, with declining volume and a bearish MACD, Chainlink might either consolidate more or test lower zones if support fails.