LINK Rally Meets Resistance as Momentum Cools

LINK price shows a sharp rally facing resistance, while weekly signals warn that profit-taking could challenge recent gains.

• LINK price shows a sharp rally facing resistance, while weekly signals warn that profit-taking could challenge recent gains.
• LINK trades near recent highs, with $12 support and $13.68 resistance defining the next important daily price range for traders closely.
• Weekly TD Sequential caution contrasts with firm RSI momentum, leaving the broader bullish structure intact above rising trend support.

LINK has entered a critical technical zone after a 95% advance, with weekly and daily signals now pointing toward rising profit-taking risk as buyers assess whether the breakout can extend.

Weekly Signal Raises Profit-Taking Risk

The weekly setup has shifted after LINK climbed roughly 95% from its earlier base. Price advanced from near $7 toward a recent weekly high around $13.77. That move carried the asset through major levels near $10 and $12.

Ali Charts reported a TD Sequential 9 sell signal on the weekly chart. The reading arrived after the extended advance, placing recent gains under closer trader scrutiny. Such signals can accompany pauses when price momentum becomes increasingly mature.

Source: (alicharts)

The weekly structure previously showed extended trading between roughly $7 and $9. Repeated attempts higher eventually gave way to a clearer breakout sequence. Momentum then accelerated as buyers pushed through established resistance zones.

The signal does not confirm an immediate reversal or a completed market top. Instead, subsequent weekly candles become important for confirming developing weakness across the broader structure. Continued strength would keep the broader upward structure active despite the warning.

Daily Structure Remains Constructive

The daily chart places LINK near $12.69 after another test of higher levels. The latest session reached about $13.68 before retreating toward the close. That rejection shows stronger selling activity around the upper resistance area during this session.

Source: (Tradingview)

The immediate support zone sits between $12.00 and roughly $12.70. Holding that area would preserve the recent breakout and higher-low structure. A sustained loss could shift attention toward the rising blue trendline.

The RSI reads about 67, keeping momentum firm but below the 70 threshold. The indicator has recovered after weakness seen around the start of September. That reading suggests strong momentum without a confirmed daily overbought condition at present.

The chart also places a middle reference near $9.02 beneath current trading levels. A lower boundary near $6.84 remains substantially farther below the market price. Both references show how far price has moved from the earlier accumulation range.

$12 Support Defines the Near-Term Setup

The next upside test remains the recent high near $13.68. A move above that level could reopen the path toward the $14 area again. The earlier weekly peak near $13.77 also remains an important reference.

The $12 level now provides the clearest nearby defense for buyers. A daily close below support would weaken the latest bullish structure. Further weakness could bring the rising trendline into focus.

The recent rally has changed the market profile from accumulation to expansion. Earlier buyers have incentive to secure gains after the sharp advance from lower levels recently. Meanwhile, late participants face higher resistance following the rapid move.

Price confirmation remains central as the weekly warning meets daily strength. Further upside would challenge the TD Sequential caution through continued momentum. Conversely, weaker closes would provide clearer evidence of an emerging consolidation phase.