Chainlink Demand Wall at $6.26 Supports 90K Investors Holding 376M LINK

Chainlink is currently trading at critical demand levels, struggling amid broader market pressure and geopolitical uncertainties. Key points include:

Current price around $12.8, down 17% since March 26.
Critical demand zone identified at $6.26, supported by approximately 90,000 investors holding around 376 million LINK tokens.
Bulls have defended the $12.3 support level, essential for potential recovery.
A breakout above $14.6 could signal renewed buying interest and strength.
If the $12.3 level fails, further downside may lead to testing psychological support near $10.

Chainlink remains significant in real-world asset tokenization, with its technology crucial for bridging off-chain assets. However, volatility persists as macroeconomic signals shift, impacting investor sentiment. The next few days will be critical for LINK's price action, determining if it can stabilize or face deeper corrections.