Chainlink price enters a volatility squeeze  —  can bulls flip $10 resistance into support?

Chainlink (LINK) is trading at $8.94, up 1.2% in 24 hours, as the cryptocurrency enters a period of low volatility near the $9 level. Traders are closely monitoring whether bulls can break through the critical $10 resistance level and establish it as support.

• →LINK is currently trading at $8.94, showing a 1.2% gain in the past 24 hours.
• →The cryptocurrency is experiencing reduced volatility as it consolidates around the $9 price level.
• →The $10 level represents a key resistance that bulls are attempting to break.
• →Market participants are watching for a potential flip of $10 from resistance to support.
• →The current price action suggests LINK is in a volatility squeeze pattern.