The analysis focuses on LINKUSD, noting consolidation below a yellow trendline, currently around $13.50. A pullback, initiated on Thursday, is seeing bulls defending the $12 to $12.79 region, a Fibonacci support zone. The market has formed a possible five-wave move up from the November 21st swing low, followed by a three-wave pullback in an ABC structure. Fibonacci support lies between $12 and $12.78, with a potential test of the $12.78 level in coming days, representing the 38.2% retracement. The analysis invalidates if it breaks below Friday's low of $11.58. A higher quality trend reversal would be a five-wave move up, followed by a pullback. Breaking above the yellow trendline, as well as confirmation lines at $13.98, approximately $14.00, and $14.52 would give confirmation. Short-term pressure appears downward, but the three-wave move down keeps the door open for higher prices, but is still unfolding, there is no evidence of a local low.