$LINK /USDC (4H Chart) – Breakout + Inverse Head & Shoulders Pattern
Chainlink (LINK) is showing strong bullish momentum after breaking above both:
A descending trendline, and
The neckline of an inverse Head & Shoulders pattern ✅
✅ Simple Trade Setup:
Current Price: ~$14.57
Buy Zone: $14.32 – $14.61 (retest expected)
🎯 Targets:
TP1: $15.53
TP2: $16.82
TP3: $18.01
❌ Stop-Loss:
SL: $13.85
(Below the right shoulder support zone)
🔍 Trend Overview:
🟢 Pattern: Inverse H&S Breakout
📉 Downtrend Broken → Bullish Reversal Confirmed
📈 Price now aiming for $17–18 zone if volume sustains
🔁 Small pullback possible for retest before rally continues