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Cryptocurrency News Articles

Chainlink (LINKUSDT) Still Has That Bearish Structure

Apr 29, 2025 at 09:58 pm

Let's not sugarcoat it — Chainlink (LINKUSDT) still has that bearish structure on the daily chart.

Chainlink (LINKUSDT) Still Has That Bearish Structure

Let’s not sugarcoat it — Chainlink (LINKUSDT) still has that bearish structure on the daily chart. It’s not a surprise if you’ve been around charts long enough. The price is currently reacting to a supply zone, but what’s even more interesting is the unvisited supply sitting just above.

And here’s the kicker — the market might be building liquidity below, just to fuel a move up into that untouched supply. Seen it before. Might be seeing it again.

Daily Structure: Still Bearish, But Something’s Brewing

Zooming out to the daily, it’s clear: the overall structure remains bearish. No cap.

Right now, price is tapping into a known supply, but just above, there’s another zone — one that hasn’t been kissed yet.

Could it be a magnet? Possibly. Especially if the market’s playing its usual trick — build liquidity, then run it.

Now here’s what bugs me a bit — there are equal lows below. And you know what that usually means… juicy liquidity targets. If you’ve ever watched price flirt with equal lows, you know it doesn’t end well — at least for people who ignore them.

H4 Tells Us More: Demand, Liquidity, and a Waiting Game

Let’s get surgical. Drop down to the H4 timeframe, and the picture sharpens.

You can now see all that liquidity created during the recent bullish impulse. It’s almost like price is leaving breadcrumbs — and trust me, someone’s gonna follow that trail.

There’s also a solid demand zone below. If price decides to dip, I’ll have my eyes glued to that level. It could offer a potential reaction — but we’ll have to see how it behaves there. No front-running.

And let’s not forget: there’s liquidity above, too. So the path is wide open — both directions have magnets.

Chainlink Price Prediction – Potential Moves Ahead

So what’s next? Here’s how I see the possible moves:

This reminds me of a time when I stared at a similar setup on another altcoin, swore it was going to drop — and it faked me out with a stop hunt, only to rip higher the next day.

So I’ve learned… scenarios are helpful, but humility is a requirement.

Final Thoughts

The current Chainlink price prediction depends on how price reacts in the coming sessions — especially around the untouched supply above and the demand below.

The structure is still bearish, but with liquidity sitting on both sides, we could be in for a trap-and-snap setup.

In short: stay alert, mark your zones, and don’t marry a bias. Be flexible. That’s how you survive in this game.Catch you on the next move,

Disclaimer:info@kdj.com

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Other articles published on Apr 30, 2025