LINK Potential IH&S, High Confluence, $26 Target 1, $32 Target 2

🎯 TL;DR Potential IH&S + W3 Target: $26; W3 Target 2: $32; High Confluence

📈 With the recent dip to $15.3, LINKUSDT might be forming an Inverted Head & Shoulders (IH&S) pattern with a $26 target.
The 50VWMA is acting as support in this area, and TD Sequential printed a Perfect Buy Setup (red M9) yesterday, offering additional confluence.
This retracement is also 61.8% of the previous leg up, setting a potential Wave 3 Target 1 also at $26, and a potential Wave 3 Target 2 at $32.

✅ Confirmation would be a daily close above the neckline at $19.3.
For a safer entry, wait for a daily close above $20, which is a previous resistance, a High Volume Node (HVN) and a key psychological level.
Keep an eye on $22.9 as it previously triggered a rejection.

❌ Invalidation would be a daily close below $15.3, and it would likely lead back to trading in a rectangle between $12.8 and $19.2.

If you have any questions about the TA, feel free to ask. I am always more than happy to share and discuss charts.

Not Financial Advice