$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.
Price is forming a clear descending channel, often seen before bullish reversals. Selling pressure is fading, accumulation building, and volume supports the setup.
A breakout above channel resistance could trigger a 90–100% move and start a fresh bullish leg.
Momentum strengthening as price approaches the breakout zone. Watching closely.