Chainlink Breaks Out of Triangle, Could Reach Resistance Near $28

Chainlink has remained strong above the $26 mark, signaling momentum building towards a potential breakout from its long-standing symmetrical triangle pattern. This bullish development is supported by rising liquidity and robust trading volume which suggests renewed market interest in LINK as it tests resistance near $27-$28. 2023 saw stable tokenomics and consistent consolidation suggest Chainlink may be preparing for the next bullish cycle.