#LINKUSDT Elliott Wave Analysis on the 1-Hour Time Frame

Continuous rebound 📈

🧐 It appears that the downward impulsive wave has ended, confirmed by a break above a key level associated with this wave, as well as a break above the upper boundary of the final channel.

Forecasts 🚀

1. Price rebound through wave A/W.

2. A slight corrective wave representing wave B/X.

3. A subsequent impulsive movement through wave C/Y.

4. Price reaching the 50% - 61.8% correction zone.

✨ It is essential to closely monitor these movements to reinforce the bullish outlook and achieve the expected targets, as a break above the previous high supports further upward movement in the near term.

#LINK #Chainlink
$LINK