Chainlink Tests $11.46 Support, Eyes $12.00 Target

Chainlink (LINK) is trading near $11.57, down 1.36%, and is currently testing key levels after a sharp intraday reversal. LINK holds above $11.46 support, but a sustained recovery would need stronger demand around current levels. Breaking $11.80 could open a potential path toward $12.00. Meanwhile, LINK/BTC is approaching a critical breakout zone, and a breakout above $11.80 could push LINK toward the $12.00 target. Weakening CMF signals selling pressure, limiting LINK's recovery.