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Chainlink price has recently faced a pullback, reflecting a 4.31% decline over the past day. The $LINK price currently trades at $23.45, holding near a key support level despite selling pressure. Market capitalization has slipped to $15.9 billion, though daily trading volume remains resilient above $1.1 billion. Meanwhile, an analyst is projecting a 184% rally, highlighting the potential for Chainlink to stage a parabolic breakout if bullish structures hold.
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