Chainlink Soars on Schwab Listing, Eyes Breakout at $15

Chainlink's LINK token has surged 5.11% to $11.89 over the past 24 hours, with analysts predicting a potential push towards $15 as a bullish technical pattern takes shape.

The rally comes on the heels of news that Charles Schwab, the largest brokerage in the United States, plans to add LINK to its crypto platform.

Crypto analyst Crypto With Gopal highlighted the setup in a post on X, describing it as a 'textbook bullish pennant.'

For the bullish scenario to play out, the top trendline of the pennant must be decisively breached, with volume confirmation being critical.