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Nology Chart Maps $9.80-$10 Lower Zone for Chainlink’s LINK

Picture: TokenPost

Nology (@nology3000) mapped two possible corrective paths for Chainlink (LINK), with both scenarios leaning lower and Nov. 5 marked as a timing reference. The chart’s Elliott Wave count presents the first corrective wave as apparently complete and outlines two possible routes for the next phase. The wave count is a technical scenario, not a definite forecast. The chart places first resistance at $12.40, followed by a $13.20-$13.50 range. A move back through those areas would weaken the declining pattern shown in the analysis. On the downside, $11.20 is an intermediate reference level.

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