<ul><li>Chainlink (LINK) is eyeing a breakout above the 21.99 USDT resistance level, with market participants assessing the potential for sustained buying pressure to drive the price higher.</li><li>Technical analysis suggests a long setup on LINK's daily chart, contingent upon a breakout above the descending resistance trendline, which, if confirmed, could signal a reversal from the downtrend and set the stage for bullish continuation.</li><li>The chart outlines several resistance levels that could act as profit targets in case of a breakout, with a stair-step rally pattern expected as price climbs through these zones. A structured ascent towards the 21.99–26.62 USDT zone is seen as a mid-term target area.</li><li>Despite the bullish breakout forecast, short-term weakness lingers as market conditions reflect hesitation, with LINK retracing slightly over the past 24 hours. The absence of consistent volume growth limits the probability of an imminent breakout, and further confirmation through price action and volume expansion is essential for a sustained move.</li></ul>

chainlink Price Prediction: Breakout Imminent as LINK Eyes 21.99 USDT Resistance

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