Chainlink Charts a Familiar Pattern: Structural Signals Point to Breakout Potential

Chainlink’s current chart showcases a recurring continuation pattern reminiscent of past major breakouts. This symmetrical structure forms after a period of significant price movement, featuring higher lows meeting lower highs. This compression zone suggests the market is preparing for a significant expansion phase. Technical analysis highlights a balance region near the midpoint of the formation, attracting consistent liquidity as traders reassess positions. This activity has produced a coiling effect at its center, mirroring a similar pattern on previous charts that eventually led to a decisive upward movement. 🧠 📈