Technical analysis by ElliottWavePro about Symbol LINK: Buy recommendation (11/23/2025)

🔗 LINK – Elliott Wave Breakdown (4H Chart) Current structure still fits a W–X–Y corrective decline, but we’re now approaching a critical trigger level. A clean punch through the blue trendline = buy signal. 🎯 🟦 What the structure shows: 🔻 Wave W complete: • Clear a–b–c zigzag • Strong reaction into the X connector 🔷 Wave X at the mid-channel zone: • Acts as the next major upside target if we break out • Provides structural symmetry between W and Y 🔻 Wave Y in progress: • Again forming a–b–c • C-leg looks terminal, aligning with channel support 📉 Price is compressing under the descending blue trendline (b-wave resistance of Y) 🚀 Trade trigger: A decisive breakout above the blue trendline = start of the next impulsive leg Upside target: the region around the prior X high That zone is both: • 🔹 Structural retracement • 🔹 Upper channel magnet • 🔹 Ideal first take-profit region 📌 Summary: Break the blue line ➜ bullish confirmation ➜ target = X-level. Still corrective, but the next impulse is close. ⚡