Chainlink Trades Near $18, Symmetrical Triangle Hints at Breakout Potential

Chainlink is currently trading near $18, poised for a potential breakout from the symmetrical triangle pattern. Traders are awaiting confirmation of a directional move as key resistance at $18.01 and support around $17.50 define short-term ranges. The token’s relative stability against both Bitcoin and Ethereum suggests a neutral momentum with balanced buying and selling pressure. As volatility decreases, attention shifts to the triangle’s potential breakout point.