LINK Price Faces 3.8% Drop After Rejection – Is $12 Next for LINK?

Chainlink experienced a price rejection at a key resistance level this week, pressure was on its short-term momentum.  The LINK chart shared by market analysts shows the asset failing to close above the $13.82 mark, a zone defined by the 0.618 Fibonacci retracement level.  Crypto account CryptoChiefs posted a brief update on X (formerly Twitter),