The price of Chainlink has recently experienced a pullback, reflecting a drop of 4.31% over the last day. The price of LINK is currently trading at 23.39 $, remaining close to a key support level despite selling pressure. The market capitalization has fallen to 15,900 million $, although the daily trading volume remains above 1,100 million $. Meanwhile, an analyst projects a rebound of 184%, highlighting the possibility that Chainlink may experience a parabolic breakout if bullish structures are maintained.
