LINK Structure Shaping Up for Potential Breakoutv

Chainlink is now approaching a key resistance trendline after showing a strong bounce from the recent demand zone.

Price is pushing into this trendline with good momentum. If we see a clear breakout and daily close above it, this could open the door for a continuation move toward the next target area around seventeen point seven dollars.

However, this is still an important level to watch. If the trendline holds and price gets rejected, a pullback toward the demand zone near fourteen dollars is possible.

At this stage, the chart is showing a constructive setup. It’s worth keeping an eye on how price behaves here in the coming sessions.

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