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Chainlink (LINK) Defends Key Support at $16.30 Amid 3% Rally, Eyes $17.20 Breakout
Chainlink (LINK) Defends Key Support at $16.30 Amid 3% Rally, Eyes $17.20 Breakout
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Chainlink LINK News -
Chainlink (LINK) gained 3.48% to trade at $16.50, successfully holding critical support at $16.30 despite minor pullbacks. Trading volume surged to $909 million, indicating strong market participation as bulls target $16.90 and potentially $17.20.
With an $11.18 billion market capitalization, LINK continues to solidify its position in blockchain infrastructure. A symmetrical triangle pattern on weekly charts points to an imminent volatility surge, with traders awaiting breakout confirmation.
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