Technical Analysis

LINK Intraday Analysis: January 27, 2026 Short-Term Strategy

LINK

LINK/USDT

$11.88
+3.48%
24h Volume

$247,253,374.30

24h H/L

$12.13 / $11.40

Change: $0.7300 (6.40%)

Long/Short
70.0%
Long: 70.0%Short: 30.0%
Funding Rate

-0.0025%

Shorts pay

Data provided by COINOTAG DATALive data
Chainlink
Chainlink
Daily

$11.89

3.12%

Volume (24h): -

Resistance Levels
Resistance 3$13.1922
Resistance 2$12.75
Resistance 1$12.2363
Price$11.89
Support 1$11.5043
Support 2$10.9367
Support 3$9.2302
Pivot (PP):$11.8433
Trend:Downtrend
RSI (14):38.1
DK
David Kim
(11:48 AM UTC)
4 min read
651 views
0 comments

Today's short-term outlook and critical levels to watch: LINK stabilizing at 11.91$, with the downward trend dominant. Nearby support 11.87$ and resistance 11.99$ are critical.

Short-Term Market Outlook

LINK is currently trading at 11.91$ and showed a slight 0.76% increase over the last 24 hours. The intraday range stayed limited between 11.80$ - 12.13$, with volume at a moderate 189.43 million$. The short-term trend continues downward; price is positioned below EMA20 (11.98$), signaling bearish. RSI at 43.14 is in neutral territory, no oversold conditions but momentum is weak. Although the MACD histogram is positive, the overall picture shows Supertrend bearish and strong resistance at 12.52$. Low volatility is expected over the next 24-48 hours, but BTC movements will be decisive. Multi-timeframe (MTF) analysis identified a total of 13 strong levels on 1D, 3D, and 1W: 2 supports/4 resistances on 1D, 1S/2R on 3D, 3S/4R on 1W. These levels require close monitoring for intraday scalp opportunities. Short-term targets highlight 12.87$ upside and 10.53$ downside, but capital management is essential due to high risk.

Intraday Critical Levels

Nearby Support Zones

Immediate lower supports are at tight levels: 11.8667$ (score 70/100) is the most critical nearby support; if broken, watch 11.7110$ (69/100) for a quick test. These levels align with intraday lows (11.80$) and offer quick invalidation points. A close below 11.8667$ would accelerate bearish momentum and create scalp short opportunities toward 11.71$. For risk, place stop-loss just above these supports (e.g., 11.88$), as short-term trades carry high volatility.

Nearby Resistance Zones

On the upside, the first barrier is 11.9939$ (81/100), overlapping with EMA20 and critical before the intraday high (12.13$). The second resistance aligns with Supertrend at 12.5209$ (67/100). Upside movement remains limited without breaking these levels. A close above 11.9939$ signals a momentum test, but Supertrend bearish pressure persists. For scalp longs, invalidation below resistance (11.98$) is mandatory.

Momentum and Speed Analysis

Short-term momentum is mixed: RSI 43.14 neutral, not near oversold but with recovery potential. MACD shows positive histogram with bullish divergence, but bearish filter dominates below EMA20. Supertrend bearish signal points speed downward, upside breakout difficult without volume surge. Momentum is weak on 1H and 4H charts, volatility low (around 2% intraday). A volume explosion or BTC catalyst is awaited for quick changes. For intraday traders, RSI above 50 and MACD line crossover are positive triggers, otherwise bearish. Risk management: Limit position size to 1-2% of capital, as false breakouts are frequent.

Short-Term Scenarios

Upside Scenario

Bullish scenario: Triggered by strong close above 11.9939$ and EMA20 breakout. Targets: 12.5209$ -> 12.8700$. Trigger: Volume increase + RSI above 50. Invalidation: Close below 11.8667$, switch to short immediately. This scenario has low probability (40%), possible if BTC stable. Scalp longs: Long at 11.99$, TP 12.52$, SL 11.87$. High risk: Quick pullback on false breakout.

Downside Scenario

Bearish scenario dominant (60%): Triggered by 11.8667$ breakdown, targets 11.7110$ -> 10.5331$. Trigger: EMA20 rejection + MACD negative turn. Invalidation: Close above 11.9939$. Intraday low test likely, accelerates with volume drop. Scalp shorts: Short at 11.87$, TP 11.71$, SL 12.00$. Short-term downtrend continuation expected, protect capital and don't rush.

Bitcoin Correlation

BTC in downtrend at 87,956$ (+0.12% 24h), Supertrend bearish. LINK highly correlated with BTC (0.85+); if BTC breaks 87,526$ support, LINK tests 11.87$. Watch BTC resistances at 88,752$ - 89,599$; if BTC rises, LINK 12.00$ opportunity. BTC dominance rise crushes altcoins, caution: BTC drop below 86,075$ accelerates LINK downside. If BTC stable, local LINK trades possible, otherwise stay passive. Detailed data in LINK Spot Analysis and LINK Futures Analysis.

Daily Summary and Monitoring Points

Watch today: 11.8667$ support, 11.9939$ resistance, BTC 87,526$. Volume and RSI changes as triggers. Scenarios: Downside dominant, upside low probability. Risk: High short-term, 1% risk per trade. No news, technical focus. Stop-loss mandatory, no emotional trading. Levels ideal for spot trading, futures leveraged risky. Monitoring: 1H closes, MTF alignment.

This analysis uses the market views and methodology of Chief Analyst Devrim Cacal.

Strategy Analyst: David Kim

Macro market analysis and portfolio management

This analysis is not investment advice. Do your own research.

DK
David Kim

Expert technical analysis and market insights. Follow us for the latest cryptocurrency analysis.

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