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Are 18 Days of Binance Outflows a Bottom Signal for Chainlink or a Bull Trap?

Crypto Daily·October 29, 2026·1 min read
Are 18 Days of Binance Outflows a Bottom Signal for Chainlink or a Bull Trap?

Chainlink has seen 18 consecutive days of outflows from Binance, yet LINK trades below its 50-day average. The prolonged outflows could signal a bottom, but support and resistance levels will determine the next move. Traders are watching key price zones for a potential reversal or continuation.

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