**Chainlink (LINK) Price Outlook š**
The LINK price is currently trading below its moving averages, indicating a potential decline to the $10.94 support zone.
This level is expected to be fiercely defended by bulls, but any upward momentum may face resistance at the moving averages. If the price reverses from these lines, it could plummet to the October 10th low of $7.90.
On the other hand, if Chainlink's price bounces from the current zone or breaks above $15 after reaching the $10.94 support, it would indicate buying pressure at lower price levels.
A successful break above $15 could propel the pair to $16.80.
