Chainlink ($LINK) is consolidating around the $14.20–$14.80 range following recent institutional catalysts.
With major headlines like Swift cross-chain trial progress and the launch of Fulcrum—a tool enabling repo-style loans against tokenized collateral—$LINK is positioning itself as the core infrastructure layer for global Web3 finance.
WATCH OUTS:
Technical Trendline Retest: $LINK is holding its ascending trendline above the $13.25 support zone. A decisive daily close above $15.00 confirms a bullish continuation, unlocking technical targets toward $15.75 and $22.95.
Resistance Heavy Overhead: $LINK has already faced multiple intraday rejections at the psychological $15.00 level. A breakdown below $13.25 would invalid the current setup, opening a retracement toward the 50-day EMA near $11.95.
OUR VERDICT:
Bullish Trigger: Clean daily close above $15.00 targeting $15.75.
Invalidation Support: Loss of $13.25 triggers downside risk toward $11.95.
Are you bidding the institutional RWA narrative on $LINK or waiting for $15 confirmation? Let me know below! 👇