The analysis focuses on LINKUSD, currently priced at $18.34. The analyst is tracking a yellow trend line and suggests that the coin avoids breaking below the $13.30 level and should break above the yellow trend line, located around $27.40. Short-term analysis reveals LINKUSD moving in a range above a trend line with touchpoints. The analyst isn't convinced of an impulsive trend. He observes that the market hasn't moved away from the support area, and it appears to be a corrective bounce, potentially leading to another low. A break above $19.68 is needed, specifically above the Monday, October 20th high. The first support area is between $16.39 and $17.35, representing a reset. A break below $16.39 indicates an extended wave 2. A blue scenario is possible, but yellow is more realistic which is extended B wave. A break below the yellow trendline needs to be confirmed.