Chainlink Price Shows Bullish Momentum, Could Surge Above $23.2 Resistance

Chainlink (LINK) is displaying a bullish signal with a potential breakout rally towards the $27–$28 price range. Charts indicate a classic bullish falling wedge pattern, suggesting strong momentum build-up near resistance at $23.2. The rising volume and RSI readings point to stronger bullish pressure. If LINK breaks through this resistance with high volume, a 21% jump in price could be imminent. However, traders must watch for false signals as the setup remains volatile.