Chainlink Price Seeks Support: Will LINK Rebound or Fall Further?

Chainlink (LINK) experienced a notable price drop of 9% in the last 24 hours, bringing its price down to the key support level often referred to as the ‘golden pocket’. Crypto analyst Feras highlighted this on X (formerly Twitter), emphasizing its significance for potential bounces. The Fibonacci level at 61.8%-65% has been a crucial factor influencing LINK’s recent trading patterns.