Altcoin Spotlight — Chainlink at $13.5: Accumulation Zone?

“Chainlink Slides to $13.5 — Buying the Dip or More Pain Ahead?”

$LINK $BTC

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

Watch BTC — if it drops, $LINK could bleed more