The analysis identifies a 1-2 setup on the LINKUSD daily chart, suggesting a potential third wave is developing. There's also a 1-2, 1-2 setup, potentially indicating that the third wave of the larger impulse wave is forming. The analysis focuses on a potential third wave move, but provides a longer term target. The first target is around $22.59 before a bigger move to the upside. A crucial aspect is the observed bounce off the 200-day moving average, considered a bullish signal. The 1.618 Fibonacci extension of this initial 1-2 setup points to a target around $58.69, coinciding with previous all-time highs. Failure to maintain the bullish momentum the analysis would be invalidated at $15.00