LINK-260824

LINK is setting up an extremely compelling chart pattern on the higher timeframes. Definitely one worth watching.

• Daily Chart: LINK is riding the bullish market momentum and approaching the crucial $13 level. This is a key resistance point. If LINK manages to break through it, we could see a swift move to $16.25, the next logical target.
• Weekly Chart: But here’s where it gets even more intriguing. When you zoom out to the weekly timeframe, LINK trades within a falling wedge—a bullish pattern that typically signals potential for significant upward movement. What’s particularly interesting is that the upper trendline of this wedge is just slightly above the $13 resistance.

This alignment means that if LINK can break through both resistance levels—the $13 mark and the upper trendline of the wedge—the price might not stop at $16.25.

Instead, we could be looking at a rapid move up to $22.

This is a setup worth watching closely. Keep an eye on these levels! 🚀