LINK is currently trading at $8.42, with 70% long positions. Breaking $8.60 can lead to $9.24; failure may drop it to $8.18.
The cryptocurrency Chainlink is currently trading at $8.42. Smart money investors are heavily positioned with nearly 70% long on this asset. The MACD indicator is at a neutral inflection point, indicating a potential shift in momentum. If Chainlink surpasses the $8.60 mark, there is a clear path for it to reach $9.24 quickly. However, if it fails to break through this level, the next key support stands at $8.18.
