Chainlink Open Interest Jumps 25% in 24 Hours as LINK Breaks $14
- —LINK trades near $13.96 after breaking the September high of $13.70
- —Open interest rose 25% in 24 hours, from $650.7 million on Sept. 24
- —Moving averages are in bullish alignment, RSI remains below overbought territory
- —Key support at $13–13.20, then $12–12.20; targets at $14.50 and $15
Why it matters: Rising price and open interest together raise volatility risk, as a reversal could trigger an accelerated flush of leveraged positions.
Source: U.Today