Markets· ★★· bearish·

Chainlink (LINK) defends 200-day moving average at $11.46 after 25% drop

  • —LINK is down over 25% from its late-September peak near $15.50
  • —The token is holding its 200-day moving average at $11.46
  • —LINK gained just 0.6% in 24 hours, too weak to confirm a rebound
Why it matters: Holding the 200-day average will decide whether LINK stays in an uptrend or slides into a deeper correction.
#LINK
Source: Coinotag
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