Chainlink (LINK) is currently in a consolidation phase within a long-term upward structure. If trading volume strongly breaks through the resistance level of $18-20, the potential increase could reach 70-80%. Although major whales sold over 2 million LINK in the past week, the price remains stable above the support zone of $12-13. If the price confirms a breakout above the resistance level, the target price could be $24-26; however, if the closing price falls below the key support level, the bullish pattern will be invalidated.
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Chainlink (LINK) is currently in a consolidation phase within a long-term upward structure. If trading volume strongly breaks through the resistance level of $18-20, the potential increase could reach 70-80%. Although major whales sold over 2 million LINK in the past week, the price remains stable above the support zone of $12-13. If the price confirms a breakout above the resistance level, the target price could be $24-26; however, if the closing price falls below the key support level, the bullish pattern will be invalidated.