Our pivot point is at 10.40.
Our preference: The downside prevails as long as 10.40 is resistance, with 9.76 and 9.63 as targets
Alternative scenario: above 10.40, look for 10.63 and 10.76.
Comment: the RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is below its signal line and negative. The configuration is negative. The price stands below its 20 and 50 period moving average (respectively at 10.40 and 10.37). The Chainlink / Dollar is trading below its lower Bollinger band (standing at 10.17).
Supports and resistances:
10.76 **
10.63 *
10.40 **
10.11 last
9.76
9.63 **
9.49 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-12-2026 at 00:30 UTC+1
Price reference: 10.11 last known on 11-12-2026 at 00:30 UTC+1
Investment horizon: INTRADAY
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