The analyst discusses Chainlink (LINKUSD) on the 4-hour and 1-hour time frames, noting a recent decline but overall strength. Price is holding above the previous swing low of $20.80. The area between $22.65 and $25.12 has been called the important decision zone. The analyst suggests correction might extend further, potentially to $13.01. A three-wave move down could set up higher prices. Initial analysis shows possible A wave of wave two. The analyst indicates breaking below $20.85 would provide further confirmation of the wave two pullback. Analyst considers that breaking above this week's high of $25.12 would send LINKUSD to $31. Analysis indicates the analyst expect a move to $47 after the pullback is finished.