<ul data-eligibleForWebStory="true"><li>Chainlink (LINK) price rebounds 7% from recent lows, drawing attention from traders and holders.</li><li>Despite June's sell-off pushing LINK near $11, fresh momentum lifts it back over $13.</li><li>Questions arise on whether this signals a larger trend reversal as technicals shift and support holds.</li><li>Market focuses on LINK's next move with $16 being a potential target amidst the bounce.</li><li>The surge in LINK's price correlates with a positive global sentiment shift post a geopolitical breakthrough.</li><li>Trump's announcement on Israel-Iran ceasefire leads to a market rally benefitting altcoins like LINK.</li><li>The bounce in the crypto market, including LINK, comes after fears ease and confidence returns.</li><li>LINK's potential reversal is supported by a bounce near $11.30 and indicators signaling bullish momentum.</li><li>If the bounce continues, $13.20 could pose resistance while $12.20 and $11 are key support levels.</li><li>Bullish sentiment emerges, aiming for $16 if LINK breaks $13.20, while failure might lead to a bearish trend.</li></ul>

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