An adjustable link for a bracelet, including first and second half links longitudinally moveable via cooperation of a guide and a complementary guide, and captived by cooperation of a stopping mechanism and a complementary stopping mechanism. The first half link includes a longitudinal finger with a locking mechanism including a radial elastic return moveable between folded and unfolded positions, and the second half link includes a longitudinal channel allowing the finger to pass in only one of the folded or unfolded positions, and, in proximity to the channel, a complementary locking mechanism cooperating, in at least one locking position, with the locking mechanism in the other of the folded or unfolded positions, the locking mechanism and complementary locking mechanism together defining at least two of the longitudinally separate locking positions.