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Chainlink (LINK) signals accumulation, opening up more than 14% upside toward the $10 mark
Chainlink (LINK) shows a slight recovery after four consecutive down sessions, indicating buying interest is beginning to return. As of now, the price of LINK has increased by 3.47% in 24 hours, trading around $8.76.
Notably, the simultaneous improvement of on-chain data and derivatives market is strengthening the bullish case, suggesting that the current recovery could continue in the short term.
Currently, LINK is once again testing this support zone. If the price stays firmly above $8.19, the historical scenario could repeat itself, opening up about 14.50% upside and targeting the $10.08 region in the coming sessions.
$LINK
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