$LINK is currently trading around $13.83, showing signs of short-term stability after a recent pullback from the $14.40 high. On the 4-hour timeframe, price action suggests consolidation, with buyers attempting to regain momentum above immediate resistance levels.
From a technical perspective, LINK is holding above the MA(7) at $13.68 and remains close to the MA(25) at $13.84, indicating a balanced zone between buyers and sellers. Meanwhile, the MA(99) near $13.42 continues to act as a strong dynamic support, preventing deeper downside movement.
The recent higher low formation after the dip to $12.93 suggests that bullish pressure has not completely faded. Volume data shows moderate participation, implying that the market is waiting for a clearer directional move before committing to higher volatility.
If LINK manages to break and sustain above the $14.00–$14.20 resistance zone, a retest of recent highs could become possible. On the downside, a loss of the $13.40 support may shift sentiment toward a deeper consolidation phase.
Overall, Chainlink remains technically stable in the short term, with price structure favoring cautious optimism as long as key support levels hold. Traders and investors are advised to closely monitor volume expansion and breakout confirmation before making directional decisions.#LINK #BTC100kNext? #MarketRebound
