Chainlink Bounces 5%, But Breakout Falters at $16.50 Resistance

Chainlink experienced a notable increase of 5% in its price; however, despite this upward momentum, the anticipated breakout struggled to gain traction at the critical resistance level of $16.50. This resistance proved to be a significant barrier, preventing the cryptocurrency from moving decisively beyond that point and leading to uncertainty among traders and investors about its future direction. source: https://www.coindesk.com/markets/2025/11/10/chainlink-bounces-5-but-breakout-falters-at-usd16-50-resistance