Chainlink (LINK) is trading at $11.89 with a market cap of $8.89 billion after a 5.11% gain in 24 hours. The token is consolidating above the $11 support level in a bullish pennant pattern, according to analyst Crypto With Gopal. Holding this support could keep upward momentum intact, while a breakout above the pennant with high volume would target $15. Separately, Charles Schwab plans to add LINK, Solana, and Avalanche to its crypto platform, expanding beyond Bitcoin and Ethereum. Schwab serves 39.8 million active brokerage accounts with $13.1 trillion in client assets, potentially boosting LINK’s visibility among mainstream investors.
Chainlink (LINK) is holding the key $11 support level while forming a bullish pennant, signaling potential for further upside. According to analyst Crypto With Gopal, the price action shows buyers absorbing selling pressure while maintaining control.
At the time of writing, LINK trades at $11.89 with a 24-hour trading volume of $449.77 million and a market capitalization of $8.89 billion. Holding the $11 support could strengthen the structure and keep expectations for another upward move intact.
A definitive breakout above the top line of the pennant formation would generate momentum toward $15. Traders should watch for high volumes to verify the breakout and avoid fake-out signals, otherwise holding $11 remains crucial.
Data from Chainlink highlights that Charles Schwab plans to launch support for Chainlink, Solana, and Avalanche on its Schwab Crypto platform. This decision expands the platform’s offerings beyond Bitcoin and Ethereum, providing millions of traditional investors an easy way to invest in more cryptocurrencies.
Schwab has an estimated 39.8 million active brokerage accounts and total client assets of $13.1 trillion as of the second quarter of 2026. While these assets will not enter the crypto world directly, Schwab’s move may increase LINK’s exposure to mainstream investors.
The next step for LINK depends on whether buyers protect the $11 support and achieve a volume-supported breakout above the pennant. Charles Schwab’s future plans in the crypto market may further benefit the token.
