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Chainlink Trades Near $16, Analysts Eye Breakout as ETF Nears Launch

Chainlink Trades Near $16, Analysts Eye Breakout as ETF Nears Launch

Chainlink (LINK) is trading near $16, with analysts watching the $13-$26 range for a breakout. Exchange reserves are falling, indicating lower selling pressure, and Bitwise's proposed spot Chainlink ETF (CLNK) is nearing launch.

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