The post LINK Holds Critical $12 Demand Zone as Whale Accumulates $8.5M Amid Technical Turning Point appeared on BitcoinEthereumNews.com.

TLDR:  LINK maintains support at $11.8-$12.2 demand zone with reduced downside momentum signaling stabilization. Whale accumulated 695,783 LINK worth $8.52 million from Binance over two days during price compression. Technical targets sit at $13.5, $14, and $15 while breakdown below $11.5 invalidates bullish thesis. MACD convergence and Stochastic RSI rebound indicate momentum deceleration without confirmed reversal. LINK is positioned at a critical technical inflection point as the cryptocurrency holds its demand zone near $12.46.  The asset shows signs of stabilization after absorbing sell pressure between $11.8 and $12.2. Buyers continue defending this support level while overhead resistance remains intact.  A sustained hold could enable price expansion toward $13.5, $14, and $15, though a breakdown below $11.5 would invalidate the bullish setup. Technical Structure Points to Binary Outcome LINK has established a well-defined demand zone that continues to attract responsive buying activity. Each dip into the $11.8–$12.2 range has been met with immediate support. Recent candles display reduced downside momentum and tighter trading ranges. This price behavior typically emerges after corrective phases when sellers lose control. The asset remains below key overhead resistance but risk-to-reward ratios now favor upside scenarios. A sustained break above the local range would open direct pathways to higher targets. The $13.5 level represents the first liquidity zone, followed by $14 and the $15 supply area. These targets align with previous rejection highs marked on technical charts. CryptoPulse noted that LINK’s invalidation level sits at $11.5. A decisive break below this threshold would confirm demand failure and expose the token to continued downside.  $LINK at a Turning Point$LINK is holding its demand zone and beginning to stabilize. As long as this support holds, price has room to push toward $13.5, $14, and $15 area. Invalidation: A break below $11.5 would invalidate this setup and signal downside risk. pic.twitter.com/B6AuKdyYXS —…

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Filed under: News - @ December 28, 2025 12:28 pm