$LINK LINK is trading around 8.02 USDT, higher than the most recent low of 6.996 USDT, meaning it has rebounded by about 14.7%. However, the price is still below the MA99 line (8.77), so the medium-term trend has not yet been confirmed to have reversed. The key support zone is currently at 7.70–7.90 USDT; if 7.00 USDT is broken, the risk of returning to a bearish downtrend will increase.

In terms of fundamental data, Chainlink still has many positive signals. Santiment’s on-chain data shows the Chainlink network just recorded two days with the highest number of new addresses in 2026, reflecting that demand to use the network continues to rise despite the price being weak. At the same time, the ecosystem continues to expand with partnership programs and practical applications in the tokenized asset (RWA) sector, supporting LINK’s long-term outlook.

CryptoRank
TMGM +1
If LINK breaks above 8.20 USDT with a daily candle on high volume, the next target would be 8.8–9.3 USDT. Conversely, losing 7.70 USDT could cause the price to return to test the 7.0 USDT bottom