<ul><li>Chainlink (LINK) has experienced a downward trend since December 2024, losing more than 60% of its value since its peak at $28.00.</li><li>The price currently struggles to hold support at $10.78, with the potential for further decline.</li><li>Technical indicators show a bearish setup, with the price trading below significant EMAs and the MACD indicating bearish momentum.</li><li>If LINK can maintain support above $10.78, a potential bullish reversal may target $14.19, with the upper boundary of the descending channel at $16.00 signaling a trend reversal.</li></ul>

Chainlink (LINK) Price Trend Sirens Potential Bullish Reversal, Buyers Target $16

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