Analyst Warns Chainlink (LINK) Price May Pull Back Before Its Next Big Rally – Here’s the Setup

Chainlink price is drawing fresh attention after crypto analyst Ali shared a detailed chart that points to a classic triangle breakout pattern

His view is that LINK may not move straight up from here. Instead, he expects a temporary pullback that could lay the groundwork for a much bigger rally later on.

Ali’s weekly chart shows LINK price action tightening inside a large symmetrical triangle that has been forming for over two years.

The upper trendline is almost flat, and the lower trendline is gradually rising. This is a textbook sign of accumulation, wherein buying pressure builds up quietly until it overwhelms sellers.

Image Source: X/Ali

So far, LINK price has respected these boundaries. Every time the price has neared the lower trendline, it has bounced back, maintaining the framework intact. According to Ali, this pattern remains bullish as long as the lower line holds.

Why a Pullback Could Be Healthy For LINK Price

What catches the eye in Ali’s analysis is the suggestion that a short-term dip could be part of the plan. He calls such a move a “gift,” implying that a pullback would help reset market sentiment and allow new buyers to enter before the next leg higher

In other words, a correction would not signal weakness but rather strengthen the base for the breakout that could follow.

Once the triangle finally gives way to the upside, the technical setup points to a substantial rally. Ali’s chart outlines a multi-step path where LINK price could clear past resistance levels and move into a sustained uptrend

The key is patience: the breakout of such a large formation often leads to strong and lasting momentum, but only after the final shakeout of weak hands.

Read Also: Ripple’s XRP ETF Countdown: Could This Be the Spark for a $5–$7 Surge?

Chainlink’s Growing Fundamentals Support the Case

This chart-driven optimism comes as Chainlink continues to expand its role in decentralized finance. The network is providing necessary real-world data feeds to smart contracts and building deeper partnerships with legacy finance stakeholders.

Such assumptions add weight to the idea that a technical breakout could be warranted by long-term demand.

In short, Ali’s message is clear: don’t be alarmed by a dip. A brief pullback could be the final step before Chainlink price starts a powerful new rally, with the triangle pattern acting as the launchpad for its next big move.

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