Analyst Says Chainlik Price Could Crash 50% If This Level Fails
Chainlink is approaching a technically sensitive area with a growing downside risk on higher timeframes that was flagged by a crypto analyst. Based on a recent technical analysis on X, the analyst noted that LINK’s current weekly structure leaves the market vulnerable if an important support zone around $10 gives way.
The price action is still holding above that area for now, but the chart shows that a decisive move below it could quickly change the outlook into a bearish mood.
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