🚨 $LINK Price Update — Decision Time! 🚨
🔹 Structure: Possible 5-wave move up may have topped between $22.65–$25.12.
🔹 Current Phase: Likely entering Wave 2 pullback — watching for 3-wave corrective pattern.
📉 Bearish Trigger:
Break below $20.85 → More evidence pullback is in play
Support zones:
1️⃣ $18.10–$13.00 (main Fibonacci zone)
2️⃣ $16.44–$14.92 (extra confluence + swing lows)
📈 Bullish Trigger:
Break above $24.70 → Target $31, then $47
⚠ Invalidation:
Drop below $11.00 (June low) kills the bullish scenario
💡 Trading View:
Corrective pullback = potential 1–2 Elliott Wave setup for next leg up
Impulsive break above $24.70 = momentum play
📊 Summary:
Consolidating now.
Break $20.85 → watch supports.
Break $24.70 → bullish breakout likely.