The analysis focuses on LINKUSD, noting that it is pushing towards the next resistance level. The analyst projects a target of $31, identifying this as the next larger resistance area. The structure around the $23 level is described as fragile. The market is showing continued upward momentum, attempting to break out of its local range. The all-time high is located around $53. The current price is approximately $27. The long term idea suggests higher prices, pointing to a five-wave move up, consistent with classical Elliott Wave pattern since the 2023 low. The analyst identifies the recent structure as corrective and after landing in support it is now moving higher.