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Chainlink Consolidates In Triangle Pattern – Is A 35% Breakout Imminent?

  • Chainlink is currently consolidating within a triangle pattern, which often precedes major moves.
  • LINK is trading below critical resistance levels, but a breakout could result in a 35% price increase.
  • Bulls must defend the $13 support level to avoid further downside, while a move above $18 could trigger a rally.
  • The short-term outlook for LINK remains fragile and dependent on the bulls' ability to regain momentum.

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