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Chainlink (LINK) faces potential decline with key resistance at $12.40 and timing marker on Nov. 5

Technical Signals
27 Oct 2026, 03:30 WIB
Tokenpost
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Bearish
Chainlink (LINK) faces potential decline with key resistance at $12.40 and timing marker on Nov. 5

Technical analysis of Chainlink (LINK) suggests two possible downward corrective paths, with Nov. 5 as a key timing reference. Resistance levels are identified at $12.40 and between $13.20-$13.50, while support checkpoints include $11.20, $10.80-$11, and $9.80-$10. A rebound before Nov. 5 could alter or invalidate the current projected paths. This analysis is based on Elliott Wave theory and serves as a scenario, not a definite forecast.

Chainlink (LINK) is currently priced at Rp205.064 on Pluang, showing a slight decline of 0.77% in the past day. As of Oct 27, 2026 07:51 WIB, the market cap stands at Rp154,71T with a 32% sell and 68% buy order split, reflecting active trading interest around the token.

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