📉 LINK is bearish in the short term, with 9.52 support facing another test
As of November 14 at 13:23 (Beijing time), LINKUSDT was trading at 9.647, down 0.89% over 24 hours, with approximately 136 million USDT in contract trading volume. Market (https://finderside.com/symbols/LINKUSDT/)
The 12:42 contract snapshot showed open interest of approximately $75.6 million, down 0.6% over 24 hours, and a funding rate of +0.0019% per 8 hours. The aggressive buy/sell ratio over the past hour was 0.66, indicating seller dominance, with no clear signal yet of rising open interest and strengthening momentum. Contracts (https://closedcandle.com/coin/link) The spot 1-hour RSI was 35.9, and the MACD histogram was negative, further supporting the bearish outlook. Indicators (https://closedcandle.com/coin/link/indicators)
Over the next 4–24 hours, LINK is likely to retest 9.52; if it breaks below that level, the next downside target is 9.30. Watch the 10.00 resistance above. If the price holds above it with rising volume, the bearish outlook would be invalidated, and the rebound target would shift to the 24-hour high of 10.24.
#LINK #LINKUSDT #Chainlink #Market Analysis
As of November 14 at 13:23 (Beijing time), LINKUSDT was trading at 9.647, down 0.89% over 24 hours, with approximately 136 million USDT in contract trading volume. Market (https://finderside.com/symbols/LINKUSDT/)
The 12:42 contract snapshot showed open interest of approximately $75.6 million, down 0.6% over 24 hours, and a funding rate of +0.0019% per 8 hours. The aggressive buy/sell ratio over the past hour was 0.66, indicating seller dominance, with no clear signal yet of rising open interest and strengthening momentum. Contracts (https://closedcandle.com/coin/link) The spot 1-hour RSI was 35.9, and the MACD histogram was negative, further supporting the bearish outlook. Indicators (https://closedcandle.com/coin/link/indicators)
Over the next 4–24 hours, LINK is likely to retest 9.52; if it breaks below that level, the next downside target is 9.30. Watch the 10.00 resistance above. If the price holds above it with rising volume, the bearish outlook would be invalidated, and the rebound target would shift to the 24-hour high of 10.24.
#LINK #LINKUSDT #Chainlink #Market Analysis