Chainlink is at a crossroads, as its price must hold above a critical support level at 12 dollars. Failure to maintain this level could lead to a further drop, impacting investor confidence and future price movements. Traders closely monitor this development, understanding how it may shape the coming days for LINK. Market sentiment around Chainlink remains cautious as investors weigh risks against potential opportunities in this volatile environment. Keep an eye on LINK during this crucial moment.