The analysis focuses on Chainlink (LINKUSD). The current price is $24.33. A yellow trendline is identified as a key resistance level which sits at $27.50. Breaking above this trendline is seen as a trigger for a larger breakout, potentially reaching $47. A key support area is identified between $13.27 and $19.37 on the weekly chart, which could act as a support level. If the cryptocurrency breaks below $22.62 a dip into the support region around $19.50 and $17.46 is expected. A successful breakout above $25 would relieve downside pressure and allow a test of the trendline.