LINK Holds $11.70 After a 16% Monthly Slide: Is $8.43 Next, or Can Bulls Reclaim $16.55?

Can Chainlink hold its ground after a rough month? So far it can, as LINK trades near $11.70 after shedding about 16% over the past 30 days. The stakes are rising for any Chainlink price prediction. The coin sits just above a key floor, and buyers need to step in before sellers test it again. Price action stays weak, even though the slide has paused for now. Traders who watch that floor also keep an eye on early-stage projects.