Chainlink Price Faces Pressure Near $11.50

LINK faces downside risk as descending trendlines remain intact, with traders watching $11.80 support and lower price zones. Two possible corrective paths place November 5 on the calendar as traders assess whether LINK could fall toward lower support. Binance leads LINK open interest and trading volume, while BingX records the highest futures trade count in the displayed figures. Chainlink price remains under pressure after a recent decline, while technical projections suggest another corrective move could follow. Traders are watching nearby support, descending resistance, and November 5 for further direction.