Chainlink Tests $7.92 Support as Sellers Dominate and Key Levels $7–$15 Take Shape

Chainlink's price is trading below key short- and medium-term moving averages, with sellers currently holding the advantage as the market compresses toward the $7.92 support level. If this area breaks, the price could slide toward lower liquidity near $7, $5 and $4.9, while a reclaim of $9.09 might reopen upside targets around $11.98 and $12.39.