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Chainlink (LINK) Coils Into Bullish Pennant Near $8.35 on Reviving Volume

COINOTAG·July 18, 2026·1 min read
Chainlink (LINK) Coils Into Bullish Pennant Near $8.35 on Reviving Volume

Chainlink (LINK) is forming a bullish pennant pattern near $8.35, consolidating in a tightening range after a sharp advance. Traders are watching for a potential breakout as volume revives. The pattern suggests continuation of the prior uptrend if LINK breaks above the pennant's upper trendline.

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