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Chainlink LINK Consolidates Near $14 as Traders Eye $13.50 Support for Directional Breakout

Chainlink LINK Consolidates Near $14 as Traders Eye $13.50 Support for Directional Breakout

Author:

Global Cryptocurrency

Published:

2025-12-08 19:44:09

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Chainlink LINK News -

Chainlink (LINK) is showing tentative strength as it consolidates NEAR the $14 level, with market participants closely monitoring the $13.50 support zone for directional cues. Analyst CRYPTOWZRD notes indecisive price action on daily charts, suggesting a breakout above descending trendline resistance or a breakdown below $13.50 could determine the next significant move.

The cryptocurrency's current stabilization at $13.91 comes amid $689 million in trading volume, reflecting balanced participation from both bulls and bears. The technical structure between $13.50 and $14.20 remains the critical battleground, where liquidity sweeps may trigger volatility.

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