Chainlink (LINKUSDT) is currently consolidating between a strong support level at $12 and a main resistance at $14 (coinciding with the 90-day rolling VWAP). This consolidation follows a downtrend, and while a breakdown below $12 to $10.5-$10 is a realistic possibility, it is considered less likely in the short to medium term due to Chainlink's fundamentals and stable general financial markets (low VIX, strong equities). The analysis suggests a probable rally from the current support towards the top of the consolidation range at $14, representing an approximately 15% move. Further upside to $15.7 is a potential target if market conditions, particularly Bitcoin's performance, become more favorable for a broader crypto market rally. The key invalidation for this bullish outlook is a sustained break below $12.