<ul data-eligibleForWebStory="false"><li>Chainlink (LINK) is trading at $13.23, up by 0.50%, showing a neutral to bearish bias.</li><li>The cryptocurrency faces resistance at $14.77 and broader pressure near $15.65.</li><li>Support between $12.46 and $12.85 remains strong, matching the lower Bollinger Band.</li><li>Momentum indicators indicate bearish sentiment, with the price below the Bollinger midline.</li><li>LINK struggles to surpass key resistance levels, remaining within a defined range.</li><li>The $14.77 resistance level is key, along with broader resistance near $15.65.</li><li>Critical support lies between $12.46 and $12.85, recently leading to a bounce.</li><li>Technical indicators show cautious market sentiment, with downward momentum.</li><li>Breaking above $14.77 is crucial for bullish momentum, potentially targeting $15.65.</li><li>A close below $12.46 could lead to a decline towards $11.50-$11.00.</li><li>Chainlink is currently range-bound with bearish momentum, awaiting a clear breakout.</li><li>The market awaits a significant move to determine the next price direction.</li></ul>

Chainlink (LINK) Stuck in Tight Range as Bulls Defend $12.46 Support

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