LINK Price Faces Resistance, But Breakout Potential Seen at $23

Chainlink (LINK) price is currently facing downward pressure, hovering near the lower boundary of its downtrend channel. While this presents a significant risk for investors below the $15 support level, analysts are optimistic about LINK’s potential for a strong rebound. Current price movements suggest an upcoming breakout opportunity, with some predicting a surge to $23 or higher if LINK breaks through key resistance levels.