Clear falling wedge forming, a classic bullish reversal structure. Price is compressing in a tight range, selling pressure fading while buyers slowly step in. Volume shows steady accumulation.
A confirmed breakout above wedge resistance could trigger a 90–100% move and start a fresh bullish leg.
Momentum is building as price approaches the breakout zone. Watching closely for confirmation.
$LINK confirmed a clean ascending triangle breakout on 4H, pushing through the 8.90–9.00 zone and holding the retest as support. Higher lows into resistance showed clear accumulation and momentum is shifting bullish.
As long as 9.00 holds on a 4H close, continuation toward 9.50 and the 10.00 psychological level looks likely, with a measured move into 10.20–10.40. A move back below 9.00 would invalidate the breakout, but for now structure favors upside expansion.