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Chainlink LINK Tests Critical Resistance at $15 Amid Potential Breakout

Chainlink LINK Tests Critical Resistance at $15 Amid Potential Breakout

Published:
2025-05-06 03:23:54
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Chainlink LINK News -

Chainlink (LINK) is at a crucial juncture as it challenges a key resistance level at $15. Currently trading at $13.64—a 3.55% decline over the past 24 hours—the asset has struggled to surpass $14.10, forming a series of lower highs that indicate sustained selling pressure.

Traders are closely monitoring for signs of either a breakout or reversal, with technical indicators suggesting caution. LINK’s consolidation between $13 and $15 since early April reflects the ongoing battle between bullish momentum and profit-taking activity.

|Square

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