CUP AND Handle

Chainlink is extending its rebound from early August lows as LINK clears a major weekly EMA cluster and confirms a shorter-term cup-and-handle breakout. Technical traders are now watching $16.80 as the immediate upside target, with $18-$18.60 emerging as the next major resistance zone.

Zcash extended its decline to around $510, leaving the privacy coin vulnerable after losing momentum from a recent local high near $590. Technical traders are watching a triangle breakdown, weakened moving average structure, and an ascending channel pullback that could put sub $500 levels in focus.