Chainlink Consolidation Breaks Down as Rejection Wicks Confirm Seller Dominance Near $9.30

The recent consolidation period for Chainlink has come to an end, as the emergence of rejection wicks has clearly indicated that sellers are gaining the upper hand around the $9.30 price level. This shift in market dynamics suggests that despite previous attempts to stabilize, bearish sentiment is now prevailing, leading to increased selling pressure and raising concerns about further downward movement in the asset's value. source: https://blocknews.com/chainlink-consolidation-breaks-down-as-rejection-wicks-confirm-seller-dominance-near-9-30/