Chainlink (LINK/USDT) Faces Strong Downward Pressure as Bears Take Control
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In recent times, the market for Chainlink against Tether has risen 0.8%, recording a small gain in the market that has been clouded by bearish sentiment. However, despite the current price action, the market has not been really impressive, even in the face of the Real-World Assets tokenization’s improved momentum.
As it stands, the pair is setting the stage for a possible upside movement, as a rebound near a critical resistance is spotted. However, without massive bullish participation, a bullish reversal may remain in black and white for now.
Currently, Chainlink trades at $14.08, and the Guppy Multiple Moving Averages (GMMA) and Moving Average Convergence Divergence (MACD) are signaling the bears are not relenting in their pursuit.
Technical Indicators
Major Resistance Levels: $14.85, $16.39, and $17.02
Major Support Levels: $14.00, $13.20, and $12.00
Technical Analysis
Technically, the market for Chainlink against Tether appears to be making a move in favor of the bulls on the daily timeframe. However, the current candle development shows the bears are not giving up the market easily. Currently, in this timeframe, the pair appears to be ranging under the cluster of the sets of the exponential moving averages, with the short-period EMAs extending to the south. This shows that despite efforts to make a bullish market comeback, indicators on the chart are pointing to the need for more propelling factors to enhance change in market conditions.
To this end, Chainlink needs to break above $14.85 for a confirmed northbound move; otherwise, the current trend will continue into the $13.00 and $12.00 zone.
$LINK
The chart is still working through what looks like wave (z) of the ongoing correction. Unless the market proves otherwise, the next logical destination sits in the $13.30–$12.14 support region. #Chainlink pic.twitter.com/lZrxLd3R2l— More Crypto Online (@Morecryptoonl) November 15, 2025
Meanwhile, @Morecryptoonline has pointed to the hidden pattern of the market, reiterating the need for patience in the pursuit of gains and that a confirmed move must be recorded for a bullish turnaround, as a move into the $13-$12 range may be imminent.
LINK/USDT Analysis: Short-Term Relief or Just a Breather?
On the smaller timeframe, LINK/USDT is consolidating, though above its current opening price. However, a similar bearish condition on the daily chart is still on, as the price and the smaller-period EMA are yet to break above the long-period EMAs.
As it stands, nothing much is really taking place in the market. However, a move above $14.25 could change the complexity of the market in favor of the bulls, and a break below $14.00 would suggest bearish continuation.
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