LINK Technical Draw Fish - A Warning of Risks from the Price Reduction Model

The LINK market is showing signals that require close monitoring. Data indicates that whale groups are actively accumulating around the price levels below $14, especially concentrated around the $12 region. However, the current technical picture suggests that this accumulation could merely be a technical strategy within a long-term downtrend, not necessarily signaling a strong recovery. Whales may be taking advantage of the panic phase to pick up cheap positions, but this does not guarantee a sustainable upward move soon.

Whale Data Shows Fish Around Support Levels

Whale groups are continuously strategizing to accumulate at lower price levels, with $12 being the main focus area. However, this accumulation method does not necessarily indicate an upcoming bullish signal. Instead, it could simply mean that large players are preparing for the next move — which could be upward, but might also continue downward. The current LINK price is $8.84, having fallen below the initial accumulation zones, indicating that selling pressure still dominates.

H4 Chart Shows Weak Fish - RSI Pessimistic

On the H4 timeframe, LINK has broken through key technical support levels — specifically the 50% Fibonacci at $13 and the 61.8% Fibonacci at $12.50. Breaking these levels suggests that the buying side is struggling to defend critical price zones.

The RSI indicator is currently at 36, close to oversold territory but without signs of a strong rebound. This situation is the most concerning — as it indicates that the potential for a recovery is running out. If RSI continues to weaken without support from buying stimuli, the price risks further decline.

Head and Shoulders Pattern on D1 - Warning from the Neckline

On the daily (D1) chart, LINK clearly forms a bearish Head and Shoulders pattern — one of the weakest technical patterns. This is a warning signal that many traders pay attention to because it often predicts a significant sell-off.

The neckline is around $10.06 — a critical technical “lifeline” for the bulls. If the price breaks below this level, the likelihood of LINK dropping to around $4.91 is very high. This is the typical target distance of the Head and Shoulders pattern, and if it occurs, it would mean a sharp plunge.

Scenario and Risk Warning

To change the situation, LINK needs to decisively regain the $14 level and hold it. Otherwise, the bears will continue to dominate the market scene.

The main risk is that once the Neckline at $10.06 is broken, the downside target could be very far — around $4.91. This means that investors trying to bottom fish alongside whales should carefully consider the risk-reward ratio.

This is a technical analysis based on current data. All investment decisions should be made carefully and accompanied by a clear risk management strategy.