Altcoin Spotlight — Chainlink at $13.5: Accumulation Zone?
“Chainlink Slides to $13.5 — Buying the Dip or More Pain Ahead?”
Chainlink (LINK) is now trading near $13.50, down significantly from its April highs above $19. The correction looks heavy — but is this an accumulation opportunity?
📊 Key Levels:
Support: $12.80
Resistance: $14.50
Oversold RSI on 4H chart = possible bounce ahead
🔍 On-Chain Insight:
LINK whales continue to accumulate
Staking participation growing steadily
Real-world oracle usage is still strong (DeFi protocols, RWAs)
📉 Risk:
If $12.8 breaks, downside to $11 is open