Chainlink ($LINK) Weekly Chart Outlook

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.

This bounce aligns perfectly with the lower trendline support, suggesting a potential continuation to the upside. If this trend holds, we may witness a strong bullish leg ahead.

Bullish Targets :

Target 1: $25.80
Target 2: $32.66

Target 3: $40.70 (upper wedge resistance zone)

📍 Entry Zone: $13.50–$15.50 (current bounce area)