Chainlink retests $9.60 resistance; breakout targets $10, rejection sends price to $8.80

LINK retests $9.55–$9.60. Market watches for a clean break and hold above $9.60.

Chainlink (LINK) is back at the $9.55–$9.60 resistance band that capped prior rallies, per Cipher X’s chart read on X.

Cipher X says momentum remains capped below $9.60 and calls for a decisive break and sustained hold to confirm strength source. A flip of $9.60 into support opens $9.90–$10.20 as near-term targets source.

Failure at $9.60 keeps rejection risk elevated. A pullback toward the $9.00–$8.80 liquidity area is the downside level to watch NewsBTC.

Structure remains range-bound. Bitcoinsensus notes strong monthly range compression after the last expansion, with price near the lower boundary of a multi‑year range where demand historically appears on X. Resolution hinges on reclaiming higher range levels or acceptance below; confirmation is still required before a trend move NewsBTC.