Investor Puts a $15 Target on Chainlink, but Only if a Double Bottom Holds

Three Things to Know An investor named Jordan sees a possible double bottom on Chainlink and hopes for a run to $15 or higher. LINK still trades under both of its main moving averages, and sellers lead the trend. The nearest floor on the daily chart decides whether the pattern survives or breaks. The call lands after a rough month for the token, with sellers still in charge. Traders want to know whether buyers can defend the latest low and push through the neckline. A Double Bottom Sits Behind Jordan's $15 Chainlink Call Jordan said they hope LINK can climb to "$15 or higher" once the pattern plays out. The call came with no time frame.

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