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Chainlink Price Just Bounced 3%: But Is LINK Finally Bottoming Out?

2026-06-08 12:42:46

Story Highlights* Chainlink price rebounds over 3% after falling into a key support zone near $7.2 following a steep market-wide correction.

On-chain data shows exchange outflows improving while active addresses stabilize, hinting at slowing sell pressure.
Liquidation data reveals heavy leverage clustered near $8, making LINK’s next move increasingly important for traders.

LINK-0.83%

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