Chainlink on the BRINK 🚨 - $7.90 Incoming?

Chainlink ($LINK) is currently battling below key moving averages, and the technicals suggest a potential drop to the $10.94 support level. Expect a fierce defense from bulls there, but rallies are likely to be met with strong selling pressure.

A break *below* $10.94 could send $LINK crashing down to the October 10th low of $7.90. However, a bounce from current levels *and* a push above $15 would signal serious buying interest and potentially a move towards $16.80. 📈 Keep a close eye on $10.94 – it’s decision time for Chainlink.

#Chainlink #LINK #CryptoAnalysis #TechnicalAnalysis 🚀

LINKUSDT

Perp

11.88

-3.89%