In the ever-volatile world of cryptocurrency, Chainlink (LINK) continues to draw sharp attention from traders and analysts alike. A recent technical breakdown shared by market observer Rick Barber highlights a precarious moment for the oracle network’s native token, as it grapples with multi-timeframe resistance amid a broader market rebound. With Bitcoin stabilizing above $90,000 and Ethereum eyeing new highs, LINK’s path could signal broader DeFi sentiment heading into December. Barber’s analysis, posted on X (formerly Twitter) on November 28, 2025, zooms in on the 4-hour chart, where LINK maintains a bullish internal structure.
The 4HR on $Link is in a bullish structure, but running up against resistance at the $13.56 area. However, when you look at the daily, even a 4HR close above that level is still shy of our HTF resistance which still sits in $14 area. This is where we continue to get rejected,… pic.twitter.com/NBPeGEBsyn
— Rick Barber (@Rick_Barber_) November 28, 2025
Market Structure: Bullish but Cautioned by Indicators
The token has clawed back from recent lows around $10.50, pushing toward $13.56—a level that’s repeatedly capped upside momentum. However, zooming out to the daily timeframe reveals an even stiffer barrier at $14, a zone that’s rejected advances multiple times in recent months. This higher-timeframe (HTF) resistance, combined with a Stochastic RSI flirting with overbought territory, paints a cautious picture. The chart, sourced from TradingView, underscores the tension: green candlesticks show short-term buying pressure, but red arrows and descending trendlines suggest sellers are lurking.
Chart Breakdown: Volume Weakness and Weekend Liquidity Risks
Volume indicators remain muted, and the rebound from mid-November’s dip hasn’t generated the conviction needed for a clean breakout. It’s Friday in trading terms, and Barber notes the weekend risk—liquidity thins, and any slippage could accelerate downside. “Question is, can we do a drop, and rebound to save the monthly close?” he posits, echoing the dilemma facing holders. For context, Chainlink’s fundamentals remain robust. As the leading decentralized oracle network, it powers over $20 billion in value secured across DeFi protocols via its Cross-Chain Interoperability Protocol (CCIP). Recent integrations with major blockchains like Solana and Avalanche have bolstered adoption, while whispers of institutional partnerships—rumored with BlackRock’s tokenized funds—could ignite fresh demand.
Bullish & Bearish Scenarios Going Into December
Yet, in a market where macro factors like U.S. regulatory clarity under the incoming administration loom large, technicals often dictate near-term moves. If LINK holds above $12.50 support, a retest of $14 becomes plausible, potentially unlocking a run toward $18 by Q1 2026. But a failure here might drag it back to $10, testing the 200-day moving average and shaking out weak hands. Traders should watch Ethereum’s dominance; a ETH/LINK pair breakdown could exacerbate selling. As 2025 wraps, LINK’s fate at these levels isn’t just chart poetry—it’s a litmus test for oracle tech’s staying power in Web3’s next phase. Patience may reward the bulls, but the bears aren’t done prowling.