$LINK tagged the exact zone highlighted in my previous analysis, delivered a clean upside reaction, and then entered a healthy correction textbook price behavior.
Price has now bounced from the local bottom, which shifts the focus to the next phase. From here, two scenarios make the most sense:
A small upside impulse as momentum rebuildsOr a sideways consolidation, allowing structure to reset before the next move
Either way, the key takeaway is that buyers defended the dip, keeping the broader structure intact.
Now it’s about patience and confirmation let price show its hand
#LINK #Chainlink #CryptoAnalysis