Chainlink faces bearish pressure: Is a drop to $8 inevitable?

Lennox Gitonga

Chainlink was down by 0.49% in the last 24 hours, as the outlook is bearish.
Majority of LINK active holders are in the red.

Chainlink [LINK] has seen modest gains on the higher timeframes,

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Chainlink faces bearish pressure: Is a drop to $8 inevitable?