LINKUSDT: Rising Wedge at $13.24 — Breakdown Needs ConfirmationChainLink / TetherUSBINANCE:LINKUSDTProfessorSingaporeAccording to Chainlink’s Q2 2026 review, more than $7B in token value migrated to CCIP during the quarter, while CCIP volume reached $4.9B, up 353% YoY. This supports the long-term institutional narrative, although the figures are reported by Chainlink and do not guarantee an immediate price breakout. 📊 Technical Analysis: LINK has rallied from the $10.66 swing low and is now trading inside a rising wedge. Price rejected the upper boundary near $13.24, while RSI is close to overbought territory. Rising Wedge: Caution Near Resistance A rising wedge is often a bearish reversal or corrective pattern. With price near the upper boundary, this is not an ideal area to chase longs. A confirmed 4H break below the lower trendline would strengthen the bearish scenario. MACD remains positive, but the pattern requires caution: a rising wedge can resolve lower if support breaks. 🎯 Bearish targets: Target 1: $12.225 Target 2: $11.392 Extended target: $10.663 A confirmed 4H close above $13.24 would invalidate the bearish wedge scenario and restore the bullish continuation case. ⚠️ Not financial advice.