Chainlink's Interrupted Trend: Buying Opportunity or Falling Structure?

Chainlink's price has been fluctuating over the past year, currently trading at $8.78 USD, which is roughly 67% below its 12-month high of $26.75 USD set on August 23rd, 2025.

The cryptocurrency has recovered almost 10% over the past 30 days and remains the 15th largest by market value at $6.57 billion USD.

Despite this recovery, Chainlink's trend is still considered interrupted, as it has not yet reclaimed its 200-day exponential moving average of $10.01 USD.

The trend can be broken if a weekly close above $10.01 USD occurs, while a close below $7.19 USD would confirm the continuing decline.