Market Overview for Chainlink/Tether (LINKUSDT) on 2025-12-11

Summary
• Price surged from $13.44 to $14.86 before consolidating into a bearish consolidation phase.
• A large-volume candle closed near its low ($13.49), signaling potential bearish momentum.
• Volume surged in the early part of the session, then gradually declined with bearish price action.
• RSI dipped into oversold territory, while MACD crossed below its signal line—suggesting bearish momentum.
• Key support appears near $13.44, with resistance at $14.25–$14.32.

Chainlink/Tether (LINKUSDT) opened at $14.19 on 2025-12-10 at 12:00 ET and surged to an intraday high of $14.86 before closing at $13.60 at 12:00 ET on 2025-12-11. Total 24-hour volume reached 2.35 million LINK, with a notional turnover of approximately $31.27 million.

Structure & Formations

Price formed a bearish continuation pattern after a short-lived bullish breakout. A large-volume candle with a long lower wick at $13.49 marked a key bearish reversal. Strong support appears at $13.44 (the 24-hour low), while resistance clusters between $14.25 and $14.32.

Technical Indicators

RSI dipped into oversold territory (below 30) in late trading, while MACD turned negative, confirming bearish momentum. The 50-period moving average on the 5-minute chart crossed below the 20-period line—forming a bearish signal.

Volatility and Bollinger Bands

Volatility expanded in the morning as price surged above the upper Bollinger Band, only to contract later as it moved closer to the lower band. This indicates a potential shift in market sentiment toward risk-off behavior.

Volume and Turnover Divergence

Volume peaked early with a candle of 364,223.45 LINK, but as price declined, volume decreased, indicating weak follow-through buying. Turnover peaked at $4.85 million in the early afternoon, but price continued to fall, suggesting weak conviction in the bullish breakout.

In the next 24 hours, LINKUSDT may test key support at $13.44, with a possible bounce into the $13.57–$13.63 range. Traders should remain cautious of a breakdown below $13.44, which could trigger further bearish momentum.