LINK has recently been hovering near a critical resistance level, and a breakout opportunity is brewing.

After a long period of bottom consolidation, a decent rebound structure has finally emerged. The current price is precisely stuck around the red resistance zone at $14.10, which is both a technical threshold and a dividing line for market bullish and bearish sentiment. Once there is a volume breakout and stabilization above $14.20, the upside potential to $16 will instantly open.

The current range-bound oscillation is actually digesting the trapped positions left by the downward trend on the left side. As long as it does not fall below the support at $13.60 today, the upward trend will remain intact.

From a trading perspective, consider entering on a pullback after stabilizing at $14.15, or try a small position first to test the waters. The first target is at $15.50, and if the market cooperates, there is also potential for over $18. But remember, once it falls below the key support at $13.00, you must cut losses decisively.