Chainlink (LINK) is trading near $13.12, with traders eyeing the $13.50 resistance level for a potential breakout. A successful move above this threshold could pave the way for LINK to target higher resistance levels at $16 and $20. The token has been testing a long-term trendline since early autumn, and a decisive break could alter the market sentiment. Meanwhile, $12.50 remains a critical support level for LINK.