The analysis focuses on Chainlink (LINK) using Elliot Wave Theory on the 1H timeframe. The analyst identifies a textbook flat correction pattern. There is a support zone between $22.31 and $24.29. As long as LINK holds above $22.31, the blue scenario, aiming for a move higher, remains the primary outlook. The B wave pullback is a bit weak but it identified a 3-wave pullback after a 5 wave move up. Bulls ideally need to show up to validate the bullish scenario. One more low can't be ruled out. The price is fighting with the 22.66 level, which is where the green line is located.