2026-01-07 18:28:30

Chainlink (LINK) Price Analysis: Fourth Wave Formation

The current price action in LINK suggests that the ongoing wave (4) correction pattern may still be in development phase. From a technical standpoint, traders should remain vigilant as the $13 level represents a critical support zone. Should the price drop below this threshold, it would significantly challenge the near-term bullish narrative and potentially trigger further downside momentum. Monitoring this level closely is essential for managing short-term positions and trade entries.

LINK0,41%

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GweiObserver

· 15h ago

Is 13 yuan really that crucial? I feel like every time someone says a certain level is "critical support," it still breaks...

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LiquidatedTwice

· 15h ago

$13 this level is really tense; if it breaks, I guess there will be another big plunge...

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BlockImposter

· 01-08 07:18

If the 13-dollar hurdle really can't be overcome, LINK might have to tell its story all over again.

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gas_fee_therapist

· 01-07 18:55

It's really crucial to hold the line at 13 dollars; if it's broken, we have to run... or it'll be another bloodbath.

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ContractHunter

· 01-07 18:54

Oh my, will 13 dollars really break... Feeling a bit anxious

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SmartContractPlumber

· 01-07 18:53

If the $13 support level is broken, the subsequent story will become complicated. This is similar to a permission control vulnerability I audited—once the first line of defense collapses, the entire exploitation chain is connected. Stay vigilant.

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zkNoob

· 01-07 18:46

If the 13-dollar barrier is broken, we need to be cautious. This wave of correction isn't over yet.

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GetRichLeek

· 01-07 18:44

Damn, if the $13 barrier really breaks, we're going to suffer another round of heavy losses.

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ForeverBuyingDips

· 01-07 18:40

Once it breaks below 13 yuan, it's over. I bet it won't die.