<ul data-eligibleForWebStory="true"><li>Chainlink (LINK) is testing its 50-day moving average, indicating a possible bullish breakout after months of consolidation around $13.05.</li><li>Technical indicators like RSI climbing from oversold levels and on-chain volume data suggesting accumulation near support are supporting the bullish sentiment.</li><li>A breakout above the descending trendline could target the $18–$25 resistance zone, with this area bolstered by previous price highs and high-volume concentrations.</li><li>Investors and traders are closely monitoring the breakout area as a successful breach could lead to a significant rally, signaling a potential change in Chainlink's trend direction.</li></ul>

Chainlink (LINK) Breakout Watch: $18–$25 Zone in Sight After Long Consolidation

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