Chainlink (LINK) Technical Analysis: Bearish Pressure Persists Despite Minor $12.89 Bounce
Chainlink (LINK) is trading precariously near the $12.89 mark, showing a modest intraday recovery but remaining under prevailing medium-term bearish pressure. Key technical indicators suggest a 'sell' consensus, with the immediate directional bias hinging on holding support at $12.40 or reclaiming the 30-day SMA at $13.09.