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Chainlink Price Sees 2021 Repetition: $14.34 Lifeline, Will the Next Wave Be a Surge or a Plunge?

Chainlink (LINK) price plummeted by 11.7%, currently at $13, with a trend resembling that of 2021! Analyst Rekt Capital exclaims: LINK is trapped in a 'macro triangle' fluctuation, dipping into the historical demand zone at $14.34; if support holds, the bull market engine will roar to life; if it crashes, the consequences are unimaginable! BullishBanter is optimistic about a $15.50 target, claiming it 'sweeps liquidity', and a counterattack is imminent!

The downward trend of 2021 is repeating, this time shifting from shadows to solid hammering, with lower levels being more dangerous! The monthly closing is crucial; if it breaks through the triangle top, $19.41 is within reach, followed closely by $23.86 and $34.19, still down 72.8% from the peak of $52.70. $14.34 becomes the judge of life and death, is LINK in a desperate situation?