Chainlink Seeks Breakout Above Key Resistance

Chainlink (LINK) is retesting a critical breakout zone after a period of recovery from its recent correction.

The cryptocurrency is currently trading at a key support level, with analysts watching closely to see if it can be defended.

According to investor Jordan, the current price zone is a decisive 'line in the sand,' and successful support here could pave the way for a move towards $15.

However, failure to defend this resistance area may push LINK back towards its broader weekly support or previous consolidation range.