Chainlink LINK is currently trading at $9.24 today, gaining 1.18% amid a 29% increase in 24-hour trading volume, reaching $1.1 billion, according to CoinMarketCap data.
Over the past week, LINK has declined 21.26%, highlighting persistent volatility in the broader crypto market. Traders are closely watching the $9.00–$10.00 demand zone, where early signs of buyer activity suggest a potential short-term rebound.
Suggested Laddered Accumulation Strategy
In X post, Crypto analyst Sniper Trading notes that LINK’s daily chart shows a clean technical structure, with the asset in a downtrend since December, marked by lower highs and lower lows.
The $13.00–$15.00 zone acted as strong resistance, while the $11.00–$12.00 region, previously a support level, has turned into resistance, pushing the price toward the current support area.
The $9.00–$10.00 range represents a key support zone aligning with recent swing lows. Long lower wicks indicate rejection of lower prices, signaling short-term relief rather than a trend reversal.
Analysts suggest a laddered accumulation strategy in this zone, with first targets at $11.00–$12.00 and secondary objectives at $13.00–$14.50, while keeping a stop-loss below $8.60.
However, any upward movement should be treated as a corrective bounce unless LINK reclaims resistance with strong volume. A decisive break below $8.9 would invalidate this scenario and could trigger further downside pressure.
Chainlink Labs Joins Global Alliance for KRW Stablecoin
In a strategic move, Chainlink Labs joined the Global Alliance for KRW Stablecoin (GAKS), an initiative launched in November 2025 to expand real-world adoption of Korean won–backed stablecoins.
The alliance emphasizes regulatory compliance, institutional-grade infrastructure, and technical standardization, aiming to establish a trusted KRW stablecoin ecosystem.
Chainlink brings oracle technology expertise and data integrity solutions to GAKS, complementing partnerships with security firms, fintech companies, and blockchain compliance providers.
Executives from WEMADE and Chainlink Labs highlighted that this collaboration strengthens both technical standards and institutional confidence, accelerating adoption of digital assets in Korea and the Asia-Pacific region.
Also Read | Chainlink Faces Key Support at $10.82, Eyes $13.60 Rally Ahead
