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| $LINK loses momentum: US$12.58 enters the radar

Summary — 23/09/2026, 11:04 PY: $LINK trades at 12.713 USDT on LINK/USDT Spot on Binance, down −2.82% in 24 h. The traded volume reaches ≈43.84 M USDT, within a range of 12.582–13.220 USDT. These are figures verified directly on Binance. $SUI also consolidates: 1.0070 USDT, −0.49%, with ≈105.65 M USDT of volume. The contrast is clear: LINK faces higher selling pressure, while SUI remains very close to the psychological level of US$1. The market now needs confirmation, not anticipation.

Confirmed context: institutional infrastructure continues to be one of Chainlink’s main narratives. Its work with Swift has included proof of transfers of tokenized assets between different networks and liquidation flows using existing financial infrastructure.

Technical interpretation: for $LINK , 12.58 USDT is the immediate support grounded in the real 24 h low; 13.22 USDT is the immediate resistance marked by the same period’s high. A bullish scenario would require first reclaiming 13.00 and then breaking above 13.22 with continuity. In the bearish scenario, a confirmed loss of 12.58 would indicate that the current range no longer contains selling pressure; I do not set a lower target without new market evidence.

Spot data consulted on 23/09/2026 at 11:04
Informational content; does not constitute financial advice