$LINK is facing Support on this level Might be rise through here

Chainlink ($LINK ) is currently trading at $21.20, reflecting a 7.79% decline over the past 24 hours. The asset has seen a low of $21.06 and a high of $23.67 during this period. Despite the drop, the price is showing early signs of stabilization, with a 0.57% rebound in the last hour.

The $21.00 support level appears to be holding for now. If this support remains intact, a potential recovery towards $22.00 could be on the cards. However, failure to maintain this level might trigger a deeper correction.

Traders should monitor the volume and RSI for confirmation of a reversal or continuation. Stay cautious and manage risk appropriately in this volatile environment.

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