Chainlink Price Eyes $27 Rebound as Whales Accumulate 54M LINK

The Chainlink price recently rebounded sharply from the $16 demand zone, an area that has consistently fueled strong recoveries. LINK’s price structure has developed within a descending channel, where the lower boundary continues to attract buyer activity. This repeated defense reflects rising confidence among investors who view the zone as a value range. The short-term recovery now faces crucial resistance levels that could define whether this upswing extends further.