Chainlink price tests major S/R zone at $10, will bulls regain momentum?
The post Chainlink price tests major S/R zone at $10, will bulls regain momentum? appeared on BitcoinEthereumNews.com. Chainlink price pulled back this week after facing rejection near a key Fibonacci resistance level, while traders closely watched whether bulls could defend the important support-resistance flip zone near $10. Summary Chainlink price retested the key $10.10 support-resistance flip zone after facing rejection near the $10.79 Fibonacci resistance level. LINK remained above the 0.382 Fibonacci retracement support near $9.93 as the Supertrend and Aroon indicators continued signaling bullish market structure. Analysts are watching whether bulls can defend the $10 region to sustain momentum toward the next resistance zones near $11.6 and $12.8. According to data from crypto.news, Chainlink (LINK) traded around $10.2 at press time on May 14 after briefly rallying toward $10.8 earlier this week. The token has recovered significantly from its February lows near $7.2, though mom