After consecutive reversals, LINK has entered a consolidation phase, with the $14.2-$15.4 range likely to become the main battleground in the short term.

2025-12-04 05:20:19

[Crypto World] LINK had a bit of a rollercoaster ride last week. Boosted by ETF rumors and spot buyers stepping in, the price shot up to $13.57, gaining 15% in a single week. Then, after a market correction on Monday, it dropped back to $11.74.

Still, the coin showed some resilience, bouncing back by 24.4% and now holding above $14.61. Looking at the daily chart, breaking above $13.57 does show some momentum, but honestly, the overall trend is still somewhat bearish. The key is whether it can hold the supply-heavy zone between $15 and $16.6. If it can’t, this rebound might just be a flash in the pan.

On the technical side, the OBV indicator shows that buying is gradually accumulating, rather than any explosive surge. The hourly chart is showing a bearish divergence signal, which means there could be a short-term pullback to around $14.2.

In my opinion, LINK is likely to fluctuate between $14.2 and $15.4 in the near term. Unless there’s a stronger bullish catalyst, breaking through the $16.6 level in the short term will be pretty tough. For short-term traders, watch for opportunities to buy low and sell high within this range.

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JustHereForMemes

· 12-06 22:47

Yet another story of retail investors getting fleeced by ETF rumors—shot up from 13 to 11, this move is really brutal. If the supply concentration area can't hold, it's game over. Feels like this rebound was just a false alarm. Oscillating between 14.2 and 15.4—still need a catalyst? Forget it, I'm out for now.

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NftDeepBreather

· 12-06 22:10

Same old tricks again—when it rebounds, they hype up the ETF; when it drops, they call it the bottom. LINK is really getting on my nerves. --- You think it can take off at just over $14? Dream on. The supply zone is stuck at this key level, it's definitely going to retest the bottom. --- There's already a bearish divergence showing, and you're still hesitating? The bears aren't done yet. --- Resilient? Ha, dropping from $13 to $11 last week is what you call resilient? Looks more like it's struggling on its last legs to me. --- Instead of waiting for a catalyst, might as well just short it. This rebound is purely a coordinated exit by the big players. --- What does OBV slowly accumulating mean? It means no one really wants to buy in, bro. --- Whether $15.4 can be broken? No need to even look, there's no way. History will repeat itself. --- Here today, gone tomorrow—I'm betting $5 it'll be back to $12 by Friday. --- Last time I listened to this analysis, I lost two months' salary. This time, I'm just going to pass. --- LINK is one of those tokens that looks complicated, but it's really just designed to trap traders over and over again.

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not_your_keys

· 12-04 05:50

It's the same pattern of people getting hyped up as soon as there's a rebound. If it can't hold above 14, then all the effort will have been for nothing.

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GateUser-addcaaf7

· 12-04 05:36

Back to the 14.2-15.4 range consolidation again. This coin is really grinding... I'm already tired of watching it.

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DegenTherapist

· 12-04 05:32

Same old trick: pump and then dump, dump and then pump again. LINK is really exhausting to trade. --- To be honest, I don’t really believe in this bearish divergence stuff. Feels like technical indicators are everywhere and not that useful anymore. --- The 14.2 to 15.4 range is just a zone for chopping up retail investors. Let’s wait and see if there’s a black swan event. --- The ETF rumors were hyped for so long, and it still ended up like this. Better wait for a real breakout. --- OBV slowly building up? That’s just retail investors bottom fishing. The big players already left. --- This coin is definitely resilient, but I’m still bearish unless some major event actually happens. --- If 15 to 16.6 can’t hold, it’s over. It’ll get cut in half again. --- Choppy markets are the worst, I’d rather it just crash outright. --- Shorting LINK has been super profitable lately, let’s keep grinding, everyone. --- I just want to ask, does this rebound actually have any volume support?

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HodlOrRegret

· 12-04 05:25

This area around 14 feels like a spot for repeated shakeouts, unless the ETF actually gets approved; otherwise, don't expect it to break through.

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