Chainlink is at the inflection point: Will there be a Palantir-like soaring next?

Chainlink (LINK) shows signs of breaking through the long-term symmetric triangle pattern, with analysts predicting that the stock could rise to $100 if the momentum continues. Currently, LINK is trading at close to US$23.57, close to the triangle vertex, and its consolidation phase is exactly the same as what Palantir performed before the breakthrough. A decisive breakthrough to resistance may trigger a bullish market, while failure to hold support near $23.00 may lead to a pullback. Traders are advised to pay close attention to volume and price trends to confirm breakthrough signals.