LINK CAN STOP DUMPING SOON! (Chainlink Update)
1 extracted signal · 0 resolved · 1 still active
Cilinix CryptoIndependent analyst profile- Source published
- 24 Oct 2026, 10:14 UTC
- Recorded by Tahlil Plus
- 24 Oct 2026, 12:05 UTC
AI-generated source summary
The analysis focuses on LINKUSDT, noting a prolonged bearish trend since late September, driven by broader market fear and negative sentiment. The price has been consistently below key moving averages, including the 200-period EMA on the 4-hour chart, indicating strong downward pressure. A significant support zone is identified between 11.5 and 10.75. The failure to hold previous support levels and the failure to break out of the range suggests continued bearish momentum in the short term. The analysis anticipates a retest of the current support zone. If this zone holds, a potential bounce to the upside could occur, targeting resistance levels around 13.50 and then 15.00. However, if the support breaks, further downside is expected, with no immediate strong support until potentially lower price levels around 9.00. The order flow and funding rates do not currently indicate a strong bullish reversal signal, suggesting that further downside is more probable if the current support fails.
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Cilinix Crypto
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Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.