Can Chainlink Price Rebound as Binance Outflows Continue for 18 Days?
Photo: Coinpedia
Chainlink recorded 18 consecutive days of net outflows from Binance, with approximately 280,200 LINK withdrawn on a net basis. LINK price is testing the $11.00–$11.50 support zone after retreating from its October high near $16. A recovery above $12.10–$12.30 could strengthen the rebound case, while a break below $11.00 may expose lower support levels. Chainlink price is approaching a critical support zone as persistent exchange outflows offer a potential counterpoint to its recent decline. LINK has retreated from its October peak near $16 and is trading around $11.40, leaving buyers under pressure.
Source: Coinpedia
