Last time we have seen CHAINLINK near the 200DEMA was back in Dec. 2020- Jan 2021. The market is pretty overheated, a lot of people already started shouting 10x gains on every coin, so it means that we can have another leg down before the next major rise. The current zone is kinda like a no trade zone, its 50-50% if it goes up or down, so a bounce from the 200DEMA (around 27-28$) will give us a higher percentage chance to the upside.
