#MarketRebound Just When I Was Logging Off… Here's the LINK Analysis You Asked For
I was ready to wrap up for the day, but got several requests for a Chainlink (LINK) update—so here it is.
Quick note: I’ve always liked Chainlink and often share updates on it. I’ve been away for a bit, but I’m back now—healthy and fully recharged.
On to the chart—there are two key dynamics at play:
Falling Wedge Formation – This is one of the most reliable reversal patterns in technical analysis. It’s textbook, and when it shows up cleanly like this, it tends to deliver.
Long-Term Support Zone – LINK just re-entered its late 2024 accumulation/buy zone, which aligns with long-term support. While the wedge alone suggests a reversal, this support zone adds even more weight to the bullish case.
Looks strong from here.