I think this is a giant B pullback from the 2017 bottom, also a B pullback from May 2022, C wave to follow. So far this is a big monthly re-tested and it looks great on shorter-timeframes too.
Link on the Edge and this is dangerous for LINK Holders
Link.D drops to 0.47 and if that goes down to 0.4
Link Price could be drops to ~ 20$
But in best scenario, if LINK.D can break this trend line again like September 6th or Sep 16th
Link price Rise Above 35$ Again