Chainlink Primed For Takeoff: Liquidity Sweep Strengthens Bullish Outlook

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Chainlink(LINK) is building momentum as bullish signals begin to align, strengthening the case for an upcoming breakout. After sweeping liquidity and testing resistance levels, the price action now suggests growing buyer confidence, indicating that LINK may be poised for its next major upward move. Impulsive Price Action Suggests Building Momentum

More Crypto Online, a respected crypto analyst on X, recently provided an updateon Chainlink, highlighting that the price is currently testing a critical micro-resistance level. This area is seen as a short-term hurdle for LINK, and the way the price reacts here could set the tone for its next major move.  Related Reading Chainlink Consolidates Near Resistance, Is A Bigger Rally In Sight? 3 weeks ago

The analystemphasized that the latest push higher looks impulsive, a sign that buyers are stepping in with strength. Such moves often precede larger rallies if supported by continued volume and market participation. However, despite the positive signs, caution remains as the breakout has yet to be confirmed.  Source: Chart from More Crypto Online on X

Importantly, a decisive break above the $25 resistance level will be the key trigger for bulls. Such a move would not only reduce the probability of the bearish “yellow scenario” but also open the door for higher price targets in the sessions ahead. Until then, LINK remains in a delicate position where the market’s response will dictate whether a stronger rallyunfolds or if sellers attempt to push it back down. Chainlink Ready To Rip Higher

In his analysis, Crypto Patel highlighted that Chainlink is showing signs of a bullish breakout, with price action positioning itself for a potential strong move higher. He noted that the setup is supported by several technical factors, suggesting that buyers are gaining control. Related Reading Chainlink Eyes Fresh Upside As Oversold Bounce Sets Stage For Bullish Continuation 3 weeks ago

One of the main elements driving this setup is the price respecting the Orderflow Block, serving as a confirmation of demand strength. This indicates that buyers are consistently defending this area, preventing LINK from falling lower and creating a strong foundation for an upward push.

Patel also pointed out that there was a liquidity sweep just below last week’s low at $22.229, which trapped late short sellers in the market. Such a move often strengthens the bullish case, as trapped shorts are forced to cover their positions, further adding buying pressure to the market.

Adding to the bullish picture, Patel emphasized a Market Structure Shift (MSS), showing a clean bullish order flow in LINK’s price action. Finally, Patel highlighted that the risk-to-reward ratio looks highly attractive, particularly with the option of placing tight stops, allowing traders to minimize downside exposure while maximizing potential gains if Chainlink confirms its breakout. Altogether, the key factors create a compelling case for LINK’s next bullish leg. LINK trading at $24 on the 1D chart | Source: LINKUSDT on Tradingview.com Featured image from Shutterstock, chart from Tradingview.com