67% of Binance traders are long on Chainlink – Is LINK ready to reclaim $14.15?

Chainlink [LINK] traded near a key support zone as derivatives data showed a heavy long bias among Binance traders.

On the 25th of January, CoinGlass showed that the Binance LINK/USDT Long/Short Ratio was at 2.06, favoring bullish positioning. Long accounts made up 67.34%, while short accounts stood at 32.66%.

That imbalance suggested traders were positioning for a rebound despite broader market weakness.

However, leverage concentrations hinted at near-term volatility. The LINK Exchange Liquidation Map showed overleveraged clusters around $11.85 and $12.45, marking short-term risk zones.

Price stalls at key demand zone

As of press time, Chainlink [LINK] hovered at $12.06, down 1% over the past 24 hours. However, the broader market remains hesitant to participate in the token, as reflected in trading volume, which has fallen 35% to $181.35 million.

This decline in 24-hour trading volume indicated that traders and investors were not interested in the altcoin or its current price trend.

Chainlink (LINK) price action hints at a potential reversal

On the daily chart, LINK retested the $11.90 region, a level that previously acted as a demand zone.

Price moved sideways around that area for several sessions, signaling consolidation rather than aggressive selling pressure.

If LINK held above $11.90, the historical structure suggested a potential rebound toward the $14.15 resistance zone. That move would imply a roughly 16% upside from current levels.

By contrast, a sustained break below $11.90 could invalidate the reversal setup and expose deeper downside levels.

In addition to price action, the Average Directional Index (ADX) stood at 25.42, above the key threshold of 25, indicating a strong directional trend.

Adding to the bullish narrative, crypto analyst Marzell described Chainlink as an “institutional sleeping giant” in a recent X post.

The analyst highlighted $16.13, $20.09, and $24.52 as key resistance levels if momentum returned.

That view aligned with a higher-timeframe structure, where LINK previously rebounded sharply after defending similar base ranges.

Final Thoughts

• LINK’s Long/Short Ratio hit 2.06, with 67.34% of accounts positioned long.
• Holding $11.90 supports a move toward $14.15, while $11.85–$12.45 remains a liquidation risk zone.