2026-01-18 16:35:30

LINK holding its ground at the lower boundary of that two-week descending triangle. Chart's looking interesting right now—if we see a reversal trigger, could be looking at a push toward $51. Key thing is watching that support level. Any break above the triangle resistance could be the catalyst traders are waiting for.

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GateUser-5854de8b

· 14h ago

Here we go again, same old story. Every time they say they'll break the resistance level, but it just ends up stagnating in the same place.

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BearMarketBuilder

· 01-18 17:05

ngl, can this breakout succeed... I feel like I should wait for a clear signal before taking action.

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airdrop_whisperer

· 01-18 17:03

It's been consolidating for so long, can $51 really break? I'm not sure.

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SmartContractPlumber

· 01-18 16:57

LINK is holding firmly along the bottom of the triangle, I see that clearly. But will it rebound to $51? First, we need to check if the permission control is an issue, otherwise even the best technical analysis is useless—last year's re-entrancy vulnerability is still fresh in my mind.

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IronHeadMiner

· 01-18 16:53

ngl has this crappy chart been this bad all along... waiting for a reversal is making me almost fall asleep

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OPsychology

· 01-18 16:43

Looking at this wave of LINK's trend, the bottom of the descending triangle is holding firm, and the $51 target is indeed tempting. Once the rebound starts, you need to run, or it will be another trap.

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