Chainlink (LINK) Breakout Stalls: Profit-Taking and Weak Demand Signal Potential Price Drop
Chainlink [LINK] long-anticipated breakout above the $15.5 resistance on 8 May brought a wave of optimism to its holders—but the celebration was short-lived. Despite breaching a six-week high, LINK has since struggled to maintain momentum, raising red flags for bullish investors. Over the past few weeks, LINK has been range-bound between $14.84 and $18, repeatedly…