A rare harmonic setup on the monthly chart for Chainlink suggests a potential breakout trajectory towards high double-digit territory, contingent upon volume-backed confirmation.
An intraday rebound on July 5, 2025, showcased a V-shaped pattern indicating a strong liquidity reaction at a support zone, with Chainlink swiftly recovering from an intraday low to its opening price.
A bullish harmonic pattern on the monthly LINK/USD chart hints at a long-term breakout opportunity, targeting a projected reversal zone between $42.8 and $47.6, supported by key Fibonacci levels.
Daily indicators as of July 5, 2025, reflect mixed sentiment with Chainlink closing at $13.22, experiencing resistance near $14, and showing signs of continued hesitation among traders for initiating bullish positions.