š Chainlink ($LINK ): On-Chain Momentum and Key Levels
LINK
13.57
-4.50%
Chainlink ($LINK ), the leading decentralized oracle network, continues to attract attention as crypto markets consolidate. However, despite those strengths the market is not currently rewarding it with strong upwards movement; macro/crypto market headwinds likely contributing.
While the project remains fundamentally solid, the immediate technical setup is weak: buyers are not stepping in strongly, and indicators favor the downside for now.
š Target Projections
Short-Term (Swing Trade):
Upside: $15.80 ā $16.50
Downside: $14.80 ā $14.20
Long-Term (If macro/bull market returns):
$20.00 ā $22.00: Strong Fibonacci extension target