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#Chainlink Chart Analysis

We have completed one impulse wave and believe that the WXY correction is finished.

However, if the chart does not move in the form of the red ABCDE, it signals a decline. If there is no bounce in the yellow box area and the price continues to fall, there is a possibility it could drop below $8.

However, if a bounce occurs, it could form an impulse wave and rise strongly.

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