Chainlink (LINK/USDT) fell beneath the prior support level of 10.908, closing the session at 10.875. Over the past 24 hours the asset posted a -2.67% change, reaching a high of 11.308 and a low of 10.833. The 24‑hour quoted volume was 19.8 million USD and the previous daily close stood at 11.028.
The price shift corresponds to 0.4 times the 14‑day average true range (ATR 6.07%). This movement is below the 2.0 ATR threshold and the 12.14% change benchmark set for significant moves. The 14‑period RSI reads 39.6, reflecting modest bearish pressure, while the ADX of 27.5 indicates a developing trend. The EMA50 sits at 12.02 above the price and the EMA200 at 10.543 below, framing the asset within a volatile regime.
Market context shows a Fear‑Greed index of 34 (labeled "Fear") and Bitcoin dominance at 59.3%, underscoring a cautious sentiment among participants.