Chainlink struggles near the 14.25 USD support level, reflecting bearish sentiment in the market as traders anticipate further declines.
LINK has seen a 5.25% drop after failing to surpass the 16 USD resistance, coupled with an 11% decline in trading volume, signaling decreased market engagement.
Recent data reveals a 13% drop in daily active addresses, and liquidation levels are positioned at 14.25 USD (support) and 15.77 USD (resistance), with significant bets against LINK.
Leave a Reply