Chainlink (LINK) Showing Strength at $13.50 Support—Is a Rally Brewing?

TLDR:

• LINK maintains strong support at $13.50 as buyers defend the level and short-term structure begins improving.
  
  
  
• Whale accumulation grows, with over 1.6M LINK moving off exchanges, signaling renewed long-term confidence.
  
  
  
• Momentum indicators show early stabilization, with MACD turning positive and RSI gradually recovering.
  
  
  
• Resistance zones at $14.20–$15 remain crucial as traders watch for structure confirmation before a wider move.

Chainlink (LINK) is demonstrating steady resilience as it holds firmly above the $13.50 support level.

Price action around this zone has tightened, creating a structure that often appears when a market begins to stabilize following a prolonged decline.

The latest bounce from the support area suggests that buyers are gradually regaining control even as broader market conditions remain uncertain. Traders continue to watch this level closely, as LINK has a pattern of accelerating once structure and momentum align.

Buyers Defend $13.50 Support as Short-Term Structure Improves

LINK’s ability to defend the $13.50 zone has become a central focus. 

CryptoPulse noted that the recent dip into this level triggered an immediate reaction from buyers, giving the chart a short-term bullish tone. The 4-hour structure shows higher lows forming, which often reflects strengthening momentum when tested repeatedly.

The daily chart reflects a market trying to stabilize after falling from the mid-$20 range. 

Candle sizes have narrowed, suggesting reduced volatility and more controlled price behavior. The MACD has crossed above its signal line, with histogram bars turning positive, a signal that selling pressure is fading after weeks of downward pressure.

Momentum remains cautious, with RSI near 46, still below the midline but slowly recovering from oversold territory.

 The nearby resistance zones between $14.20 and $14.50, followed by $14.80–$15.00, remain the next targets for traders searching for directional clarity. A clean break above these levels could create conditions for a stronger upward extension.

Growing Whale Activity Supports the Case for Early Accumulation

Whale accumulation has become more visible around Chainlink during the past month. Jack reported that more than 1.62 million LINK worth over $22 million recently moved off exchanges. 

This continued withdrawal trend is associated with long-term positioning rather than short-term speculation, especially as retail participants continue taking profits after rejections near $14.90.

The Chainlink Reserve added to this narrative by accumulating 81,131 LINK during the week, bringing its total above 1,054,884 LINK. 

This pattern reinforces the shift in liquidity toward wallets that tend to hold through volatility, contrasting with the behavior seen during earlier stages of the decline.

With LINK still defending $13.50, traders are assessing whether the combination of stabilized momentum, consistent support, and sustained whale activity could set the stage for a push toward $15–16.

Market participants remain attentive to how price behaves at current levels, as any structural confirmation may determine the next direction.