Chainlink (LINK) is trading near critical levels, with mixed signals hinting at potential breakout or breakdown.A move above $12.50 could trigger a rally to $16, while failure to hold support may see LINK drop to $9.50 or lower.LINK’s direction remains uncertain, with Bitcoin’s performance likely to determine its short-term price action.Traders should pay attention for a breakout above $12.50 as a bearish rally or the breakdown to $9.50 if the bearish sentiment persists.