LINK is trading at $8.54, with top traders leaning heavily long. Data shows a 68.5% long bias among the most active market participants, and the taker buy/sell ratio sits at 1.22 — a sign that buyers are currently driving the action.
What the order flow says
The taker buy/sell ratio measures the volume of aggressive buy orders versus sell orders. A reading above 1 means buyers are more willing to pay the ask price than sellers are to hit the bid. At 1.22, the imbalance suggests sustained demand rather than a one-off spike.
That demand is showing up in the moving average convergence divergence (MACD) indicator, which is at an inflection point. A confirmed close above $8.80 would flip the MACD bullish and could open a path toward $9.00–$9.30 within two weeks, according to the data.
What needs to happen next
The $8.80 level is the immediate hurdle. If buyers can push the price through that mark and hold it through a daily close, the technical setup points to a run toward the $9.00–$9.30 zone. A failure to break $8.80 would leave the current range intact and put the bullish thesis on hold.
No major news events are scheduled that could disrupt the pattern. The next move depends on whether the buying pressure that pushed the taker ratio to 1.22 can sustain itself through the resistance level.
