Will Chainlink’s [LINK] latest retest flip support into resistance?

Chainlink’s [LINK] is attempting to retest a key resistance at approximately 12.5 USD. This level was previously support, indicating a potential shift if the price fails to hold.

Bearish trends are suggested by on-chain data, with net deposits indicating selling pressure. If LINK falls below 10 USD, further declines to 7.5 USD are likely.

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