Chainlink falls 8% after CCIP 2.0 launch, tests $12 support
- —LINK is down 8.12% from its September 28 open of $14.02
- —The token rallied to $15.77 after CCIP 2.0 but has since retraced 18.4%
- —A break below $13.56 on the 4-hour chart targets $12.39 and $11.98
- —The $12 zone is key support, with a brief dip below possible to sweep liquidations
Why it matters: Holding $12 will determine whether LINK's daily uptrend structure survives or a deeper correction toward $11.72 begins.
Source: AMBCrypto