Chainlink’s Price Squeeze: Is a Breakout Coming?

Chainlink (LINK) is experiencing a tight price squeeze, hovering between the support and resistance levels of $17 to $18. This usually signifies a significant price movement soon. Analysts believe this could be the catalyst for a major rally. LINK price currently displays a pattern reminiscent of a symmetrical triangle formation, a classic indicator of indecisiveness between buyers and sellers. CryptoPulse notes that this setup often leads to explosive moves.