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Technical analysis by MrWhale about Symbol LINK on 12/18/2025

https://sahmeto.com/message/3996490
MrWhale
MrWhale
Rank: 6021
1.6

Chainlink (LINK) Daily Setup – Retesting Key Support

Neutral
Price at Publish Time:
$12.22
،Technical،MrWhale

**Chainlink (LINK) Daily Setup – Retesting Key Support** Chainlink is currently retesting its 3-month support zone on the daily timeframe as price approaches a local apex, potentially resolving late December or early January. **Bullish Outlook** - Hoping for a successful hold and bounce from this 3-month level. - A strong defense here could lead to upside resolution as the apex tightens. **Bearish Risks** - Watching closely for daily candle closes below the 3-month support. - The more consecutive daily closes below, the higher the probability of breakdown. - Invalidation of the support could open significant downside, targeting as low as **$10**. - Additional monthly support sits around **$11**, which could come into play on a deeper pullback if the current 3-month region is lost. **Key Levels to Monitor** - Immediate support: 3-month daily zone - Downside targets: $10 (major low), $11 (monthly support) Staying vigilant for confirmation of hold vs. breakdown in the coming sessions.

Source Message: TradingView
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