Chainlink Price Stalls Near $9.56 Amid Weakening Derivatives Metrics
Chainlink's price has stalled near its 200-day Exponential Moving Average (EMA) at $9.56 after a recent surge of over 14% last week.
The LINK token's derivatives metrics show early signs of weakness, potentially limiting its upside.
In contrast, US-listed spot ETFs saw an inflow of $2.07 million on Monday, marking the largest single-day inflow since July 22.