Native token of oracle network Chainlink (LINK) plunged through critical support levels on Thursday as institutional selling dominated the session. The token declined 8% from $18.39 to$16.92 over the past 24 hours, falling below a descending trendline that contained recent price action, CoinDesk research's market insight tool showed. Trading volume surged to 3.94 million units during the initial breakdown, nearly double the average. Recent hourly data shows LINK trapped below $17 in a narrow consolidati ...