Chainlink Price Analysis: Breakout Needed to Confirm Bullish Trend

Chainlink (LINK) is currently at a crucial juncture, with technical analysis hinting at potential bullish momentum. Recent chart analysis suggests that LINK must break above the $22.80 high to confirm a turning point in its price trajectory. A strong signal would come from surpassing the yellow trendline, which serves as a key resistance level. The Binance exchange reveals a low of around $8.30, highlighting the volatility and potential support zone within this ongoing bull market.