Chainlink has climbed 42% in six weeks, from a 7.07 low to 10.05, and now trades above the average price line of the past year after breaking through it.
All six angles pointed higher, and the reclaimed one-year average, the 38% giveback, and the gap left unfilled during the surge all converge near 9.30.
If 9.00 breaks, that stacked support fails all at once and the breakout was false, so the stop is placed just beneath it at 8.98.
The full analysis is for members
Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.
