Chainlink price nears breakout as Bollinger Bands narrow
Chainlink (LINK)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Chainlink price traded near $11.41 after failing to hold its latest rebound. The price remained below the $11.72 resistance after retreating from its September peak near $13.60. Weak momentum and liquidity below $11.20 raised the risk of another decline. Daily Aroon readings were also noted in the analysis.
How the market reacted
Whalio's own Binance spot order flow for LINK, measured when this story was written up on 15 September 2026. Not the outlet's figures.
LINK is currently trading at $11.52 on Binance spot markets. The 1-hour buy ratio stands at 47.4%, indicating that fewer buyers are participating in the short term compared to sellers. However, the 4-hour buy ratio is 50.5%, showing a slight balance shift over a longer timeframe. The 24-hour buy ratio is 51.3%, suggesting that over the full day, buyers have slightly outpaced sellers. Volume Delta measures the difference between buy and sell volume; the 1-hour delta is negative at -$30,689, while the 4-hour delta is positive at +$53,457. This divergence shows that immediate selling pressure has been absorbed by earlier buying activity.
The latest daily buy ratio of 49.4% sits at the 56th percentile of the last 322 days, against a median of 48.8% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for LINK, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 49.5%, making today's 24-hour ratio of 51.3% an unusual day with +1.7 points higher buying interest. Spot volume was 0.70x the average, indicating lower-than-normal trading activity. The coin experienced a price change of -9.6% over the past 8 days. Volume Delta for the week totaled -$1,257,465, contrasting with the positive 24-hour delta. Net buying occurred on only 3 of the 7 days, highlighting a generally bearish weekly trend.