Chainlink’s price stalled just above a crucial resistance level of $15 during recent crypto market recovery, suggesting continued indecision in the short term. However, increased adoption within the DeFi landscape might contribute to bullish sentiment in the long run. 📈 🤯. The broader cryptocurrency market, including Chainlink (LINK), experienced low bullish sentiment on Monday as Bitcoin struggled to gain traction above $95k. Over 113,000 traders were liquidated for a total of over $267 million, mostly affecting those holding long positions. However, this volatility led to a slight cooldown in the crypto leveraged market, with Open Interest (OI) declining around 1% in the past 24 hours to about $119 billion on Monday during the North American trading session. 📉. Chainlink price has shown signs of bullishness since October 2023, consistently exceeding its resistance levels between $8.3 and $9.5, converting these gains into a robust support level. However, the recent drop below $10 could heighten fears of further capitulation as market sentiment remains uncertain.