Chainlink (LINK) recently reached its highest levels in three years, with an 87% gain over the past 30 days. However, LINK has pulled back nearly 5% in the last 24 hours, indicating potential short-term weakness. Whale activity has also declined, with the number of large holders dropping steadily since late November, suggesting caution or profit-taking among major investors. The Chainlink BBTrend indicator is currently at 7.46, reflecting a positive but weakening trend, which could lead to short-term consolidation or retracement. If the support at $26.89 fails, LINK could decline to $22.41 or $19.56. Conversely, a rebound could see LINK testing the resistance at $30.94. #Chainlink #LINK #Crypto #PriceAnalysis #WhaleActivity #BBTrend #EMA
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