A bounce off the $13.55 Fibonacci level and a rising wedge pattern suggest that LINK could soon break out toward $25.80, $32.66, and potentially $40.70.
Market experts highlight the $13.50–$15.50 zone as an ideal entry point, with broader sentiment supporting a bullish trend if key resistance levels are breached.
As recently anticipated by Crypto News Flash (CNF), Chainlink’s market has signaled a big move, capturing the attention of investors and analysts, with technical indicators suggesting a potential bullish trajectory.
Analysts have identified a rising wedge pattern in LINK’s price chart, a formation often associated with bullish continuations. As shared in a tweet by Rose Premium Signals:
$LINK is trading within a clear rising wedge structure and has just bounced from the 0.786 Fibonacci level ($13.55) — a historically strong retracement zone.
A significant bounce off the $13.55 Fibonacci retracement level aligns with the lower boundary of this wedge, indicatin
