Chainlink has been grinding sideways for a while, bouncing between highs and lows without a clear direction. That kind of movement could frustrate investors, but it also builds pressure beneath the surface. According to Ali, a  chart analyst on X, this long period of consolidation may finally be reaching its breaking point. His view is simple: if LINK price dips toward $16, that could mark one of the best buying opportunities before a potential rally that stretches as high as $100.